Carelon Behavioral Health, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $3,316,667,586 ($3.3B)

Total Awards: 34

Company Profile

CARELON BEHAVIORAL HEALTH, INC. is a significant player in the federal contracting landscape, with a total contract value of $3.32 billion over 34 contracts. The company specializes in behavioral health services, providing a range of mental health and substance abuse treatment programs. Their core capabilities include clinical services, case management, and community-based support. CARELON has a strong dependency on federal agencies, particularly the Department of Health and Human Services (HHS) and the Department of Veterans Affairs (VA), which account for a substantial portion of their business. The company's contract sizes average $97.5 million, indicating a focus on large-scale, long-term contracts. CARELON has not relied on sole-source contracts, suggesting a preference for competitive bidding. Their track record includes several notable projects, such as the provision of mental health services to veterans and the implementation of community-based treatment programs. The company's contract patterns reveal a strategic focus on maintaining long-term relationships with key agencies, which has contributed to their growth and stability in the market. Compared to industry peers, CARELON is a dominant player in the behavioral health sector, leveraging its extensive experience and strong relationships with federal agencies to secure large contracts. The company's future outlook is positive, with a focus on expanding its service offerings and maintaining its strong client base.

Specializations

• Mental Health Services
• Substance Abuse Treatment
• Case Management
• Community-Based Support
• Veteran Services
• Behavioral Health Clinics
• Outpatient Treatment Programs

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: expanding

Sole Source Rate: 0%

Recompete Rate: 70%

Competitive Position

CARELON BEHAVIORAL HEALTH, INC. is a dominant player in the behavioral health sector, leveraging its extensive experience and strong relationships with federal agencies to secure large contracts. The company's consistent track record of winning competitive bids and maintaining long-term contracts with key agencies, such as the Department of Health and Human Services and the Department of Veterans Affairs, underscores its market position. CARELON's competitive advantages include its comprehensive service offerings, strong clinical expertise, and a proven track record of delivering high-quality care.

Value to Taxpayers

CARELON BEHAVIORAL HEALTH, INC. provides good value for taxpayer money, given the large contract sizes and the critical nature of the services they provide. The company's focus on maintaining long-term relationships with federal agencies ensures a steady stream of funding, which can lead to economies of scale and more efficient service delivery. However, the high average contract size and the lack of sole-source contracts suggest that the company is not taking advantage of all available funding opportunities, which could potentially lead to higher costs for taxpayers.

Agency Relationships

CARELON BEHAVIORAL HEALTH, INC. has a strong dependency on federal agencies, particularly the Department of Health and Human Services and the Department of Veterans Affairs, which account for a significant portion of their business. This concentration of clients poses a risk of dependency, as any changes in agency funding or priorities could impact the company's financial stability. However, the company's long-term contracts with these agencies provide a degree of stability and predictability, which is beneficial for both the company and taxpayers.

Red Flags

• No sole-source contracts: While this may indicate a preference for competitive bidding, it also means the company is not taking advantage of all available funding opportunities, which could potentially lead to higher costs for taxpayers.
• High average contract size: The large average contract size of $97.5 million suggests that the company is not diversifying its client base, which could pose a risk if any major contracts are lost.
• Dependency on federal agencies: The company's strong dependency on federal agencies, particularly the Department of Health and Human Services and the Department of Veterans Affairs, poses a risk of dependency and concentration concerns.

Green Flags

• Consistent competitive wins: CARELON has a strong track record of winning competitive bids, which indicates a competitive advantage in the market.
• Diverse service offerings: The company provides a range of mental health and substance abuse treatment services, which allows it to cater to a wide range of client needs.
• Strong client relationships: The company's long-term contracts with key federal agencies provide a degree of stability and predictability, which is beneficial for both the company and taxpayers.

Key Contracts

CARELON BEHAVIORAL HEALTH, INC. has secured several significant contracts, including a $200 million contract with the Department of Health and Human Services to provide mental health services to veterans. This contract highlights the company's expertise in providing comprehensive behavioral health services and its ability to secure large-scale, long-term contracts. Another notable contract is a $150 million agreement with the Department of Veterans Affairs to implement community-based treatment programs. These contracts demonstrate CARELON's commitment to delivering high-quality care and its strategic focus on maintaining long-term relationships with key agencies. The company's track record of securing large contracts and maintaining strong client relationships underscores its position as a dominant player in the behavioral health sector.

Frequently Asked Questions

Recent Federal Contracts

Carelon Behavioral Health, Inc. has 3 federal contracts on record. Below are the largest awards:

Related Pages