HHS awards $28.4M contract to Vizient Inc. for hospital innovation improvement services

Contract Overview

Contract Amount: $28,368,027 ($28.4M)

Contractor: Vizient Inc

Awarding Agency: Department of Health and Human Services

Start Date: 2016-09-28

End Date: 2020-03-31

Contract Duration: 1,280 days

Daily Burn Rate: $22.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 16

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: HOSPITAL INNOVATION IMPROVEMENT NETWORK CONTRACT - IGF::CT::IGF

Place of Performance

Location: IRVING, DALLAS County, TEXAS, 75062

State: Texas Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $28.4 million to VIZIENT INC for work described as: HOSPITAL INNOVATION IMPROVEMENT NETWORK CONTRACT - IGF::CT::IGF Key points: 1. Contract awarded to Vizient Inc. for administrative and management consulting. 2. The contract spans over 1280 days with a firm fixed price. 3. No small business participation was noted in this contract. 4. The sector is primarily administrative management and general management consulting services.

Value Assessment

Rating: fair

The contract value of $28.4 million over approximately 3.5 years appears reasonable for comprehensive administrative and management consulting services. Benchmarking against similar large-scale consulting contracts would provide a clearer picture of its value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method allows multiple vendors to bid, potentially leading to more competitive pricing.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best value services.

Public Impact

Supports innovation within hospitals, potentially leading to improved patient care and efficiency. The services provided could impact healthcare delivery models and operational strategies. Long-term contract duration suggests ongoing need for these specialized consulting services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of small business participation.
  • Contract duration is substantial, requiring ongoing monitoring.

Positive Signals

  • Awarded through full and open competition.
  • Firm fixed price contract type limits cost overrun risk.

Sector Analysis

This contract falls under administrative management and general management consulting services, a broad category supporting various government functions. Benchmarks for this sector vary widely based on the specific services rendered.

Small Business Impact

The data indicates no small business participation in this contract. Efforts to include small businesses in future procurements within this service area could be explored.

Oversight & Accountability

The Centers for Medicare and Medicaid Services (CMS) is responsible for oversight. The firm fixed price and defined period of performance provide a framework for accountability.

Related Government Programs

  • Administrative Management and General Management Consulting Services
  • Department of Health and Human Services Contracting
  • Centers for Medicare and Medicaid Services Programs

Risk Flags

  • No small business participation.
  • Contract duration of over 3 years.
  • Specific performance outcomes not detailed.

Tags

administrative-management-and-general-ma, department-of-health-and-human-services, tx, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $28.4 million to VIZIENT INC. HOSPITAL INNOVATION IMPROVEMENT NETWORK CONTRACT - IGF::CT::IGF

Who is the contractor on this award?

The obligated recipient is VIZIENT INC.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Centers for Medicare and Medicaid Services).

What is the total obligated amount?

The obligated amount is $28.4 million.

What is the period of performance?

Start: 2016-09-28. End: 2020-03-31.

What specific innovations were facilitated by this contract, and what was their measurable impact on hospital efficiency or patient outcomes?

The contract aimed to support hospital innovation, but the specific innovations and their measurable impact are not detailed in the provided data. Further analysis would require access to performance reports and outcome metrics to assess the true value delivered and whether the $28.4 million investment yielded significant improvements in hospital efficiency or patient care.

Given the full and open competition, were there any concerns raised about the bidding process or the final price compared to market rates?

While awarded under full and open competition, the provided data does not detail any concerns raised during the bidding process or explicitly compare the final price to market rates. The firm fixed price structure suggests a degree of price certainty, but a deeper dive into the procurement file would be needed to confirm the absence of any pricing-related issues or protests.

How effectively did Vizient Inc. meet the objectives of the Hospital Innovation Improvement Network contract, and were there any performance issues?

The provided data does not include performance metrics or details on whether Vizient Inc. met the contract's objectives. Assessing effectiveness would require reviewing performance evaluations, deliverables, and any feedback from the Centers for Medicare and Medicaid Services (CMS) regarding the contractor's execution and impact.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesAdministrative Management and General Management Consulting Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: HHSM5002016RFP0026

Offers Received: 16

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 290 E JOHN CARPENTER FRWY, IRVING, TX, 75062

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $28,368,027

Exercised Options: $28,368,027

Current Obligation: $28,368,027

Subaward Activity

Number of Subawards: 10

Total Subaward Amount: $10,086,252

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2016-09-28

Current End Date: 2020-03-31

Potential End Date: 2020-03-31 00:00:00

Last Modified: 2023-02-10

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