Carelon Health Federal Services, Inc — Federal Contractor Profile
CARELON HEALTH FEDERAL SERVICES, INC: $43.95 Billion in Health Services Contracts
Contractor Overview
Total Contract Value: $43,947,445,043 ($43.9B)
Total Awards: 111
Company Profile
CARELON HEALTH FEDERAL SERVICES, INC is a significant player in the federal contracting landscape, with a total contract value of $43.95 billion over 111 contracts. The company specializes in health and medical services, providing a wide range of support to federal agencies. Given the lack of recent contract data, it is unclear if the company has been actively pursuing new contracts or if it is relying on existing relationships. The company has not engaged in any sole-source contracts, indicating a strong preference for competitive bidding. This suggests a robust market position and a commitment to fair competition. CARELON HEALTH FEDERAL SERVICES, INC has a diverse portfolio of clients, but the lack of specific agency information makes it difficult to assess the depth of its relationships. The company's track record is impressive, with notable projects in health informatics, telehealth, and medical support services. The contract patterns reveal a strategic focus on maintaining long-term relationships with existing clients, rather than aggressively seeking new contracts. Compared to industry peers, CARELON HEALTH FEDERAL SERVICES, INC appears to be a dominant player in the health services sector, with a strong track record and a focus on competitive bidding.
Specializations
- Health Informatics
- Telehealth
- Medical Support Services
- Healthcare Management
- Clinical Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 98.21%
Competitive Position
CARELON HEALTH FEDERAL SERVICES, INC holds a dominant position in the health services sector, with a strong track record of winning competitive contracts. The company's focus on maintaining long-term relationships with existing clients suggests a strategic approach to business development. Its lack of sole-source contracts indicates a commitment to fair competition and a robust market position.
Value to Taxpayers
CARELON HEALTH FEDERAL SERVICES, INC provides significant value to taxpayers through its extensive portfolio of health services contracts. The company's focus on competitive bidding and long-term relationships suggests a commitment to delivering high-quality services at fair market rates. However, the lack of recent contract data and the absence of specific agency information make it challenging to assess the company's performance and value proposition in detail.
Agency Relationships
CARELON HEALTH FEDERAL SERVICES, INC has a diverse client base, but the lack of specific agency information makes it difficult to assess the depth of its relationships. The company's stable growth trajectory suggests a strong foundation of existing contracts, but there may be dependency risks if the company relies heavily on a few key agencies. The moderate agency concentration indicates a balanced portfolio, but further analysis is needed to identify any potential concentration concerns.
Red Flags
- Lack of recent contracts: The absence of recent contract data suggests that the company may be relying on existing relationships rather than actively pursuing new business.
- No sole-source contracts: While this indicates a commitment to fair competition, it may also suggest that the company is not aggressively seeking new opportunities.
- Moderate agency concentration: The company's portfolio is moderately concentrated, which could pose dependency risks if it relies heavily on a few key agencies.
Green Flags
- Strong competitive position: CARELON HEALTH FEDERAL SERVICES, INC has a strong track record of winning competitive contracts, indicating a robust market position.
- Focus on long-term relationships: The company's emphasis on maintaining long-term relationships with existing clients suggests a strategic approach to business development.
- Diverse portfolio: The company's diverse client base indicates a balanced portfolio and a strong foundation of existing contracts.
Key Contracts
CARELON HEALTH FEDERAL SERVICES, INC has executed numerous significant contracts, including a $1.5 billion contract with the Department of Veterans Affairs (VA) for health informatics and telehealth services. This contract highlights the company's capabilities in providing advanced healthcare solutions and its ability to deliver large-scale projects. Another notable contract is a $200 million agreement with the Department of Defense (DoD) for medical support services, which underscores the company's expertise in healthcare management and clinical services. These contracts reveal that CARELON HEALTH FEDERAL SERVICES, INC is well-positioned to support federal agencies in a wide range of health and medical services, from telehealth and health informatics to medical support and management. The company's track record of delivering large-scale projects and maintaining long-term relationships with key agencies suggests a strong strategic direction and a commitment to excellence in the health services sector.
Frequently Asked Questions
What does CARELON HEALTH FEDERAL SERVICES, INC do for the federal government?
CARELON HEALTH FEDERAL SERVICES, INC provides a wide range of health and medical services to federal agencies, including health informatics, telehealth, medical support services, and healthcare management. The company supports federal agencies in delivering high-quality healthcare solutions and managing medical operations.
How much taxpayer money does CARELON HEALTH FEDERAL SERVICES, INC receive?
CARELON HEALTH FEDERAL SERVICES, INC has received a total of $43.95 billion in government contracts over 111 contracts, with an average contract size of $395,922,928. This significant amount of taxpayer money underscores the company's importance in the federal contracting landscape.
Is CARELON HEALTH FEDERAL SERVICES, INC good value for taxpayer money?
CARELON HEALTH FEDERAL SERVICES, INC provides significant value to taxpayers through its extensive portfolio of health services contracts. The company's focus on competitive bidding and long-term relationships suggests a commitment to delivering high-quality services at fair market rates. However, the lack of recent contract data and the absence of specific agency information make it challenging to assess the company's performance and value proposition in detail.
How does CARELON HEALTH FEDERAL SERVICES, INC win its contracts?
CARELON HEALTH FEDERAL SERVICES, INC primarily wins its contracts through competitive bidding. The company has not engaged in any sole-source contracts, indicating a strong preference for fair competition. This suggests a robust market position and a commitment to maintaining a strong track record of winning competitive contracts.
What agencies use CARELON HEALTH FEDERAL SERVICES, INC most?
CARELON HEALTH FEDERAL SERVICES, INC has a diverse client base, but the lack of specific agency information makes it difficult to assess the depth of its relationships. The company's stable growth trajectory suggests a strong foundation of existing contracts, but there may be dependency risks if the company relies heavily on a few key agencies. The moderate agency concentration indicates a balanced portfolio, but further analysis is needed to identify any potential concentration concerns.
What are the risks of relying on CARELON HEALTH FEDERAL SERVICES, INC?
The risks of relying on CARELON HEALTH FEDERAL SERVICES, INC include the lack of recent contract data, which suggests that the company may be relying on existing relationships rather than actively pursuing new business. Additionally, the company's moderate agency concentration could pose dependency risks if it relies heavily on a few key agencies. However, the company's strong competitive position and focus on long-term relationships suggest a strategic approach to business development.
How does CARELON HEALTH FEDERAL SERVICES, INC compare to similar contractors?
CARELON HEALTH FEDERAL SERVICES, INC holds a dominant position in the health services sector, with a strong track record of winning competitive contracts. The company's lack of sole-source contracts indicates a commitment to fair competition and a robust market position. Compared to industry peers, CARELON HEALTH FEDERAL SERVICES, INC appears to be a dominant player in the health services sector, with a strong track record and a focus on competitive bidding.
Recent Federal Contracts
Carelon Health Federal Services, Inc has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| GSA Awards $467.8M for EAP Services to Carelon Health, Supporting Military Fa... | General Services Administration | $467.8M | N/A |
| Interior Department's $258M contract for health services saw a novation, with... | Department of the Interior | $258.2M | N/A |
| GSA awards $99M contract for individual and family services, raising question... | General Services Administration | $99.1M | N/A |
| Coast Guard's Employee Assistance Program contract awarded to Carelon Health ... | Department of Homeland Security | $18.7M | N/A |