Colorado Foundation for Medical Care — Federal Contractor Profile
Colorado Foundation for Medical Care: $80M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $80,008,212 ($80.0M)
Total Awards: 4
Company Profile
The Colorado Foundation for Medical Care (CFMC) is a federal contractor with a total government contract value of $80 million, spanning four contracts with an average size of $20,020,533. CFMC specializes in medical care and support services, providing critical services to various government agencies. However, the company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The lack of recent contracts and the absence of specific agency clients suggest that CFMC may be facing challenges in maintaining its current client base or securing new ones. The company's contract patterns reveal a focus on medical care and support services, with no sole-source contracts, indicating a preference for competitive bidding processes. This suggests that CFMC is committed to fair and transparent competition, which is a positive aspect of its business strategy. However, the company's dependency on a few key contracts and the absence of recent wins raise concerns about its ability to sustain its operations and grow its business in the future.
Specializations
- Medical Care
- Healthcare Support Services
- Patient Care Services
- Medical Staffing
- Healthcare Consulting
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 75%
Competitive Position
Colorado Foundation for Medical Care operates in a niche market focused on medical care and support services. While the company is not a dominant player, it holds a strong position in the healthcare sector, particularly in providing specialized medical care and support services. CFMC's commitment to competitive bidding and its track record of securing contracts through fair competition suggest that it has a solid competitive advantage in the market. However, the company's lack of recent wins and its dependency on a few key contracts indicate that it may face challenges in maintaining its market position and securing new business.
Value to Taxpayers
Colorado Foundation for Medical Care provides value to taxpayers by offering specialized medical care and support services to government agencies. The company's focus on competitive bidding and its track record of securing contracts through fair competition suggest that it is committed to delivering quality services at reasonable costs. However, the absence of recent contracts and the company's dependency on a few key clients raise concerns about its ability to maintain its current level of service and sustain its operations in the long term.
Agency Relationships
Colorado Foundation for Medical Care has a moderate concentration of clients across various government agencies, but the lack of specific agency clients in the recent contract data suggests a potential risk of dependency on a few key clients. This concentration could pose a risk if these clients were to reduce their reliance on CFMC, as it could lead to a significant decline in the company's revenue and operations.
Red Flags
- No recent contracts: The absence of recent contracts indicates a potential slowdown in new business acquisition and could signal underlying issues with the company's operations or market position.
- Dependency on a few key contracts: The company's reliance on a few key contracts raises concerns about its ability to maintain its operations and sustain its business in the long term.
- Lack of competitive wins: The absence of competitive wins in recent years suggests that CFMC may be facing challenges in securing new business through fair competition.
Green Flags
- Commitment to competitive bidding: CFMC's preference for competitive bidding processes indicates a commitment to fair and transparent competition, which is a positive aspect of its business strategy.
- Diverse client base: The company's moderate concentration of clients across various government agencies suggests a diverse client base, which can help mitigate risks associated with dependency on a few key clients.
- Track record of securing contracts: CFMC's history of securing contracts through competitive bidding processes suggests a strong track record of delivering quality services and maintaining its market position.
Key Contracts
Colorado Foundation for Medical Care has secured four contracts with a total value of $80 million, with an average contract size of $20,020,533. These contracts are primarily focused on medical care and support services, indicating that the company's core capabilities lie in providing specialized medical care and support to government agencies. The lack of recent contracts and the absence of specific agency clients in the recent contract data suggest that CFMC may be facing challenges in maintaining its current client base or securing new business. However, the company's track record of securing contracts through competitive bidding processes and its commitment to fair and transparent competition suggest that it has a solid business strategy. The key contracts reveal that CFMC is well-positioned to provide critical medical care and support services to government agencies, but the company's dependency on a few key contracts and the absence of recent wins raise concerns about its ability to sustain its operations and grow its business in the future.
Frequently Asked Questions
What does COLORADO FOUNDATION FOR MEDICAL CARE do for the federal government?
Colorado Foundation for Medical Care specializes in providing medical care and support services to federal agencies. The company offers a range of services, including patient care, healthcare support, and medical staffing, to support the healthcare needs of government employees and beneficiaries. CFMC's core capabilities include specialized medical care, healthcare consulting, and support services, which are critical for maintaining the health and well-being of government personnel and beneficiaries.
How much taxpayer money does COLORADO FOUNDATION FOR MEDICAL CARE receive?
Colorado Foundation for Medical Care has received a total of $80 million in federal contracts, with an average contract size of $20,020,533. The company has secured four contracts, but there are no recent contracts available, indicating a potential slowdown in new business acquisition. The company's contract patterns reveal a focus on medical care and support services, with no sole-source contracts, indicating a preference for competitive bidding processes.
Is COLORADO FOUNDATION FOR MEDICAL CARE good value for taxpayer money?
Colorado Foundation for Medical Care provides value to taxpayers by offering specialized medical care and support services to government agencies. The company's focus on competitive bidding and its track record of securing contracts through fair competition suggest that it is committed to delivering quality services at reasonable costs. However, the absence of recent contracts and the company's dependency on a few key clients raise concerns about its ability to maintain its current level of service and sustain its operations in the long term. The company's commitment to fair competition and its track record of securing contracts through competitive bidding processes suggest that it is a good value for taxpayer money, but the lack of recent wins and the potential for dependency on a few key clients indicate that there are risks associated with relying on this contractor.
How does COLORADO FOUNDATION FOR MEDICAL CARE win its contracts?
Colorado Foundation for Medical Care prefers competitive bidding processes and has a track record of securing contracts through fair competition. The company's commitment to competitive bidding and its history of winning contracts through competitive processes suggest that it is well-positioned to maintain its market position and secure new business. However, the absence of recent competitive wins and the lack of recent contracts indicate that the company may be facing challenges in maintaining its current level of business and securing new contracts through fair competition.
What agencies use COLORADO FOUNDATION FOR MEDICAL CARE most?
Colorado Foundation for Medical Care has a moderate concentration of clients across various government agencies, but the lack of specific agency clients in the recent contract data suggests a potential risk of dependency on a few key clients. The company's contract patterns reveal a focus on medical care and support services, with no sole-source contracts, indicating a preference for competitive bidding processes. However, the absence of recent contracts and the company's dependency on a few key clients raise concerns about its ability to maintain its current client base and secure new business through fair competition.
What are the risks of relying on COLORADO FOUNDATION FOR MEDICAL CARE?
The risks of relying on Colorado Foundation for Medical Care include the potential for dependency on a few key clients, the absence of recent contracts, and the company's preference for competitive bidding processes. The company's dependency on a few key contracts raises concerns about its ability to maintain its operations and sustain its business in the long term. The absence of recent contracts and the company's commitment to competitive bidding processes suggest that the company may be facing challenges in maintaining its current level of business and securing new contracts through fair competition. However, the company's track record of securing contracts through competitive bidding processes and its commitment to fair and transparent competition suggest that it is a good value for taxpayer money, but the lack of recent wins and the potential for dependency on a few key clients indicate that there are risks associated with relying on this contractor.
How does COLORADO FOUNDATION FOR MEDICAL CARE compare to similar contractors?
Colorado Foundation for Medical Care operates in a niche market focused on medical care and support services. While the company is not a dominant player, it holds a strong position in the healthcare sector, particularly in providing specialized medical care and support services. CFMC's commitment to competitive bidding and its track record of securing contracts through fair competition suggest that it has a solid competitive advantage in the market. However, the company's lack of recent wins and its dependency on a few key contracts indicate that it may face challenges in maintaining its market position and securing new business. Compared to similar contractors, CFMC's focus on competitive bidding and its track record of securing contracts through fair competition suggest that it is a good value for taxpayer money, but the lack of recent wins and the potential for dependency on a few key clients indicate that there are risks associated with relying on this contractor.
Recent Federal Contracts
Colorado Foundation for Medical Care has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| CMS awards $23.6M contract to Colorado Foundation for Medical Care for Other ... | Department of Health and Human Services | $23.6M | N/A |
| HHS awards $16.4M for Quality Improvement Services to Colorado Foundation for... | Department of Health and Human Services | $16.4M | N/A |