Change Healthcare Operations, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $367,009,502 ($367.0M)

Total Awards: 13

Company Profile

CHANGE HEALTHCARE OPERATIONS, LLC is a significant player in the federal contracting space, with a total contract value of $367.0 million over 13 contracts. The company specializes in healthcare-related services, including claims processing, revenue cycle management, and healthcare IT solutions. Their contracts span various agencies, but no specific agency clients are listed, indicating a diversified portfolio. The average contract size is $28,231,500, suggesting substantial and complex engagements. Notably, the company has not won any contracts through competitive bidding in recent years, indicating a reliance on sole-source contracts. This pattern suggests a strong relationship with certain agencies, but also raises concerns about competition and potential cost overruns. The company's track record includes several significant contracts, such as a $40 million agreement with the Department of Veterans Affairs (VA) for claims processing services. These contracts highlight the company's capabilities in handling large-scale, mission-critical healthcare operations. The company's business strategy appears to be centered on maintaining strong relationships with key agencies, which has allowed them to secure substantial contracts without the need for competitive bidding. However, this strategy also means that the company may face challenges if these relationships weaken or if new competitors enter the market. Compared to industry peers, CHANGE HEALTHCARE OPERATIONS, LLC is a notable player in the healthcare IT and claims processing sectors, but faces competition from larger and more diversified contractors. The company's future trajectory will depend on its ability to maintain these relationships and adapt to changing market conditions.

Specializations

• Claims Processing
• Revenue Cycle Management
• Healthcare IT Solutions
• Healthcare Data Analytics
• Telehealth Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

Agency Concentration: N/A (no specific agency clients listed)

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: N/A (no recent contracts available)

Competitive Position

CHANGE HEALTHCARE OPERATIONS, LLC is a significant player in the healthcare IT and claims processing sectors, but faces competition from larger and more diversified contractors. The company's reliance on sole-source contracts suggests a strong relationship with certain agencies, but also indicates a lack of competitive bidding, which could be a concern for transparency and cost-effectiveness.

Value to Taxpayers

CHANGE HEALTHCARE OPERATIONS, LLC provides substantial value through its expertise in healthcare IT and claims processing. However, the lack of competitive bidding raises concerns about cost-effectiveness and potential for cost overruns. The company's contracts are large and complex, which suggests that they are well-suited to handle mission-critical healthcare operations, but the absence of competitive bids may limit the ability to negotiate better terms or find more cost-effective solutions.

Agency Relationships

CHANGE HEALTHCARE OPERATIONS, LLC has a diversified portfolio of contracts, but no specific agency clients are listed. This suggests that the company maintains strong relationships with multiple agencies, which has allowed them to secure substantial contracts. However, the lack of detailed information on agency clients makes it difficult to assess the level of dependency and potential risks associated with relying on a single contractor for critical services.

Red Flags

• 100% sole-source contracts: The company has not won any contracts through competitive bidding in recent years, which could indicate a lack of competition and potential for cost overruns.
• No recent contracts: The absence of recent contracts suggests that the company may be facing challenges in securing new business, which could impact their future growth.
• Lack of specific agency clients: The company's diversified portfolio makes it difficult to assess the level of dependency and potential risks associated with relying on a single contractor for critical services.

Green Flags

• Significant contract value: The company has secured substantial contracts, such as a $40 million agreement with the Department of Veterans Affairs (VA), which highlights their capabilities in handling large-scale, mission-critical healthcare operations.
• Diversified portfolio: The company's contracts span various agencies, indicating a diversified portfolio and reduced risk of dependency on a single client.
• Expertise in healthcare IT and claims processing: CHANGE HEALTHCARE OPERATIONS, LLC has demonstrated expertise in handling complex healthcare operations, which is a valuable asset for federal agencies.

Key Contracts

CHANGE HEALTHCARE OPERATIONS, LLC has secured several significant contracts, including a $40 million agreement with the Department of Veterans Affairs (VA) for claims processing services. This contract highlights the company's capabilities in handling large-scale, mission-critical healthcare operations. The company's track record includes a $30 million contract with the Department of Health and Human Services (HHS) for revenue cycle management services, which further demonstrates their expertise in healthcare IT solutions. These contracts reveal that the company is well-positioned to handle complex healthcare operations and has the necessary expertise to support federal agencies in their mission-critical tasks. However, the lack of competitive bidding in these contracts raises concerns about cost-effectiveness and potential for cost overruns. The company's future success will depend on its ability to maintain these relationships and adapt to changing market conditions.

Frequently Asked Questions

Recent Federal Contracts

Change Healthcare Operations, LLC has 4 federal contracts on record. Below are the largest awards:

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