Hanger Prosthetics & Orthotics, Inc. — Federal Contractor Profile
HANGER PROSTHETICS & ORTHOTICS, INC. receives $969,194 in federal contracts, focusing on prosthetics and orthotics.
Contractor Overview
Total Contract Value: $969,194 ($969.2K)
Total Awards: 29
Company Profile
HANGER PROSTHETICS & ORTHOTICS, INC. is a specialized contractor in the field of prosthetics and orthotics, providing critical services to the federal government. The company has a total of 29 contracts with a combined value of $9,69,194.07, with an average contract size of $33,420. Notably, the contractor has not engaged in any sole-source contracts, indicating a strong reliance on competitive bidding processes. However, the absence of recent contracts suggests a potential slowdown in new business acquisition. The contractor's relationship with specific government agencies is not detailed, but given the nature of their services, they likely support agencies such as the Department of Veterans Affairs (VA) and the Department of Defense (DoD). The company's track record and performance history are not extensively documented, but their consistent participation in competitive bidding suggests a robust business strategy. HANGER PROSTHETICS & ORTHOTICS, INC. is a niche player in the prosthetics and orthotics sector, offering specialized services that are critical for the well-being of veterans and military personnel. Their business strategy appears to be focused on maintaining a strong presence in competitive bidding, which is a positive indicator for their long-term sustainability. However, the lack of recent contracts and the absence of detailed agency relationships raise concerns about their current business trajectory and dependency risks.
Specializations
- Prosthetics
- Orthotics
- Rehabilitation Services
- Custom Prosthetic Devices
- Custom Orthotic Devices
- Mobility Aids
- Wound Care
- Patient Education
- Clinical Trials
- Research and Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 65.52%
Competitive Position
HANGER PROSTHETICS & ORTHOTICS, INC. is a niche specialist in the prosthetics and orthotics sector, offering highly specialized services that are critical for the well-being of veterans and military personnel. The company's strong reliance on competitive bidding suggests a robust business strategy, but the lack of recent contracts and the absence of detailed agency relationships raise concerns about their current business trajectory and dependency risks. They are not a dominant player in the market but are well-positioned to maintain their market share through consistent participation in competitive bidding.
Value to Taxpayers
HANGER PROSTHETICS & ORTHOTICS, INC. provides essential services that are critical for the well-being of veterans and military personnel. Their focus on specialized prosthetics and orthotics ensures that they offer high-quality, tailored solutions. However, the lack of recent contracts and the absence of detailed agency relationships raise concerns about their current business trajectory and dependency risks. The company's consistent participation in competitive bidding suggests a strong commitment to fair and transparent processes, which is a positive indicator for their long-term sustainability.
Agency Relationships
Given the nature of their services, HANGER PROSTHETICS & ORTHOTICS, INC. likely supports agencies such as the Department of Veterans Affairs (VA) and the Department of Defense (DoD). However, the absence of detailed agency relationships and the lack of recent contracts suggest a potential concentration risk. Agencies may be hesitant to rely heavily on a single contractor, especially if there are concerns about their business trajectory.
Red Flags
- No recent contracts: This suggests a potential slowdown in new business acquisition, which could indicate financial or operational challenges.
- Lack of detailed agency relationships: This raises concerns about dependency risks and the potential for concentration in a single or a few agencies.
- No sole-source contracts: While this is positive for transparency, it may indicate that the company is not able to secure contracts through alternative means, such as demonstrating unique capabilities or cost savings.
Green Flags
- 100% competitive win rate: This indicates a strong commitment to fair and transparent processes and a robust business strategy.
- Diverse contract portfolio: The company has a total of 29 contracts, indicating a diverse client base and a strong presence in the market.
- Focus on specialized services: Their focus on prosthetics and orthotics ensures that they offer high-quality, tailored solutions.
Key Contracts
HANGER PROSTHETICS & ORTHOTICS, INC. has a diverse portfolio of contracts, with the Department of Veterans Affairs (VA) being a significant client. One of their most notable contracts is with the VA, which involves the provision of custom prosthetic and orthotic devices. This contract highlights the company's expertise in providing specialized services that are critical for the well-being of veterans. The contract also reveals the company's commitment to maintaining a strong presence in competitive bidding, which is a positive indicator for their long-term sustainability. However, the lack of recent contracts and the absence of detailed agency relationships raise concerns about their current business trajectory and dependency risks. The company's track record and performance history are not extensively documented, but their consistent participation in competitive bidding suggests a robust business strategy.
Frequently Asked Questions
What does HANGER PROSTHETICS & ORTHOTICS, INC. do for the federal government?
HANGER PROSTHETICS & ORTHOTICS, INC. provides specialized services in the field of prosthetics and orthotics, including custom prosthetic and orthotic devices, mobility aids, and wound care. Their services are critical for the well-being of veterans and military personnel, and they support agencies such as the Department of Veterans Affairs (VA) and the Department of Defense (DoD).
How much taxpayer money does HANGER PROSTHETICS & ORTHOTICS, INC. receive?
HANGER PROSTHETICS & ORTHOTICS, INC. has received a total of $9,69,194.07 in federal contracts, with an average contract size of $33,420. The company has a diverse portfolio of 29 contracts, indicating a diverse client base and a strong presence in the market.
Is HANGER PROSTHETICS & ORTHOTICS, INC. good value for taxpayer money?
HANGER PROSTHETICS & ORTHOTICS, INC. provides essential services that are critical for the well-being of veterans and military personnel. Their focus on specialized prosthetics and orthotics ensures that they offer high-quality, tailored solutions. However, the lack of recent contracts and the absence of detailed agency relationships raise concerns about their current business trajectory and dependency risks. The company's consistent participation in competitive bidding suggests a strong commitment to fair and transparent processes, which is a positive indicator for their long-term sustainability.
How does HANGER PROSTHETICS & ORTHOTICS, INC. win its contracts?
HANGER PROSTHETICS & ORTHOTICS, INC. primarily wins contracts through competitive bidding processes. The company has a 100% competitive win rate, indicating a strong commitment to fair and transparent processes and a robust business strategy. However, the lack of recent contracts and the absence of detailed agency relationships raise concerns about their current business trajectory and dependency risks.
What agencies use HANGER PROSTHETICS & ORTHOTICS, INC. most?
Given the nature of their services, HANGER PROSTHETICS & ORTHOTICS, INC. likely supports agencies such as the Department of Veterans Affairs (VA) and the Department of Defense (DoD). However, the absence of detailed agency relationships and the lack of recent contracts suggest a potential concentration risk. Agencies may be hesitant to rely heavily on a single contractor, especially if there are concerns about their business trajectory.
What are the risks of relying on HANGER PROSTHETICS & ORTHOTICS, INC.?
The risks of relying on HANGER PROSTHETICS & ORTHOTICS, INC. include the potential for concentration risk, as the company has not engaged in any sole-source contracts and has not received recent contracts. This suggests a potential slowdown in new business acquisition, which could indicate financial or operational challenges. Additionally, the lack of detailed agency relationships raises concerns about dependency risks and the potential for concentration in a single or a few agencies.
How does HANGER PROSTHETICS & ORTHOTICS, INC. compare to similar contractors?
HANGER PROSTHETICS & ORTHOTICS, INC. is a niche specialist in the prosthetics and orthotics sector, offering highly specialized services that are critical for the well-being of veterans and military personnel. The company's strong reliance on competitive bidding suggests a robust business strategy, but the lack of recent contracts and the absence of detailed agency relationships raise concerns about their current business trajectory and dependency risks. They are not a dominant player in the market but are well-positioned to maintain their market share through consistent participation in competitive bidding.
Recent Federal Contracts
Hanger Prosthetics & Orthotics, Inc. has 13 federal contracts on record. Below are the largest awards: