Humana Government Business Inc — Federal Contractor Profile

HUMANA GOVERNMENT BUSINESS INC Secures $76 Billion in Federal Contracts

Contractor Overview

Total Contract Value: $76,041,584,806,379 ($76.0T)

Total Awards: 2849

Company Profile

HUMANA GOVERNMENT BUSINESS INC is a significant player in federal contracting, with a total contract value of $76041.58 billion and 2849 contracts. The company specializes in a wide range of services, including healthcare management, consulting, and IT solutions. However, the lack of specific agency clients and recent contracts suggests a broad but potentially shallow client base. The average contract size of $26,69,06,22,958 indicates that HUMANA GOVERNMENT BUSINESS INC secures large-scale contracts, which can be both a strength and a risk. The absence of competitive or sole-source contracts and the lack of notable projects or performance history make it challenging to assess the company's capabilities and track record. The company's business strategy appears to be focused on securing large, high-value contracts without a clear emphasis on competitive bidding or performance metrics. This raises concerns about the company's market position and value to taxpayers. HUMANA GOVERNMENT BUSINESS INC's reliance on a diverse set of agencies, though beneficial in spreading risk, may also indicate a lack of deep relationships with specific agencies. Overall, while the company has the potential to provide valuable services, its current contract patterns suggest a need for more transparency and performance accountability.

Specializations

  • Healthcare Management
  • Consulting Services
  • IT Solutions
  • Data Analytics
  • Claims Processing
  • Healthcare IT
  • Managed Care
  • 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)

Growth Trajectory: N/A (no recent contracts available)

Sole Source Rate: 100%

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

Competitive Position

HUMANA GOVERNMENT BUSINESS INC operates in a niche market, securing large, high-value contracts without engaging in competitive bidding. This suggests that the company has significant market power and may be a dominant player in certain areas. However, the lack of competitive contracts and recent projects makes it difficult to assess the company's true market position and competitive advantages.

Value to Taxpayers

While HUMANA GOVERNMENT BUSINESS INC secures large contracts, the absence of competitive bidding and recent projects raises questions about the value provided to taxpayers. The company's focus on large, high-value contracts without a clear track record of performance or cost-effectiveness may indicate that the taxpayer is paying a premium for services that could be more efficiently delivered through competitive processes.

Agency Relationships

HUMANA GOVERNMENT BUSINESS INC works with a diverse set of agencies, but the lack of specific agency clients and recent contracts suggests a broad but potentially shallow client base. This diversity may be beneficial in spreading risk, but it also raises concerns about the company's ability to build deep, long-term relationships with specific agencies. The absence of notable projects or performance history makes it difficult to assess the company's reliability and effectiveness in meeting agency needs.

Red Flags

  • Lack of competitive contracts: The company has not secured any competitive contracts, which may indicate a lack of transparency and accountability in the bidding process.
  • High average contract size: The average contract size of $26,69,06,22,958 is extremely high, which may suggest that the company is not delivering value for the taxpayer's money.
  • No recent contracts: The absence of recent contracts makes it difficult to assess the company's current capabilities and performance.

Green Flags

  • Diverse client base: The company works with a wide range of agencies, which may help spread risk and ensure a more stable revenue stream.
  • Large contract size: The company secures large contracts, which can provide significant revenue and opportunities for growth.
  • N/A (no specific green flags available)

Key Contracts

HUMANA GOVERNMENT BUSINESS INC has secured numerous large contracts, but the lack of specific details and recent projects makes it challenging to assess the company's capabilities and performance. The company's focus on large, high-value contracts without a clear track record of performance or cost-effectiveness may indicate that the taxpayer is paying a premium for services that could be more efficiently delivered through competitive processes. Without more information on the nature and outcomes of these contracts, it is difficult to determine the true value provided to taxpayers.

Frequently Asked Questions

What does HUMANA GOVERNMENT BUSINESS INC do for the federal government?

HUMANA GOVERNMENT BUSINESS INC specializes in healthcare management, consulting services, IT solutions, and data analytics. The company provides a range of services to federal agencies, including healthcare management, claims processing, and IT support. However, the lack of specific agency clients and recent projects makes it difficult to provide a comprehensive overview of the company's services and mission support.

How much taxpayer money does HUMANA GOVERNMENT BUSINESS INC receive?

HUMANA GOVERNMENT BUSINESS INC has secured a total of $76041.58 billion in federal contracts, with an average contract size of $26,69,06,22,958. The company has secured 2849 contracts, indicating a significant investment of taxpayer money. However, the lack of recent contracts and competitive bidding raises questions about the value provided to taxpayers.

Is HUMANA GOVERNMENT BUSINESS INC good value for taxpayer money?

While HUMANA GOVERNMENT BUSINESS INC secures large contracts, the absence of competitive bidding and recent projects raises questions about the value provided to taxpayers. The company's focus on large, high-value contracts without a clear track record of performance or cost-effectiveness may indicate that the taxpayer is paying a premium for services that could be more efficiently delivered through competitive processes.

How does HUMANA GOVERNMENT BUSINESS INC win its contracts?

HUMANA GOVERNMENT BUSINESS INC has not secured any competitive contracts, which suggests that the company relies on sole-source contracts. This may indicate a lack of transparency and accountability in the bidding process. The company's ability to secure large, high-value contracts without competitive bidding raises questions about its market position and competitive advantages.

What agencies use HUMANA GOVERNMENT BUSINESS INC most?

HUMANA GOVERNMENT BUSINESS INC works with a diverse set of agencies, but the lack of specific agency clients and recent projects makes it difficult to assess the company's current capabilities and performance. The company's focus on a broad client base may be beneficial in spreading risk, but it also raises concerns about the company's ability to build deep, long-term relationships with specific agencies.

What are the risks of relying on HUMANA GOVERNMENT BUSINESS INC?

The lack of competitive contracts and recent projects raises concerns about the company's market position and value to taxpayers. The company's focus on large, high-value contracts without a clear track record of performance or cost-effectiveness may indicate that the taxpayer is paying a premium for services that could be more efficiently delivered through competitive processes. Additionally, the company's reliance on a diverse set of agencies may indicate a lack of deep relationships with specific agencies, which could pose risks if the company's performance or financial stability were to decline.

How does HUMANA GOVERNMENT BUSINESS INC compare to similar contractors?

HUMANA GOVERNMENT BUSINESS INC operates in a niche market, securing large, high-value contracts without engaging in competitive bidding. This suggests that the company has significant market power and may be a dominant player in certain areas. However, the lack of competitive contracts and recent projects makes it difficult to assess the company's true market position and competitive advantages. In comparison to other contractors in the healthcare and IT sectors, HUMANA GOVERNMENT BUSINESS INC's focus on large, high-value contracts without a clear track record of performance or cost-effectiveness may indicate that the company is not delivering the best value for taxpayers' money.

Recent Federal Contracts

Humana Government Business Inc has 7 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
DoD's $51.2B TRICARE contract to Humana Government Business Inc. shows strong...Department of Defense$51.3BN/A
DoD's $23.35B Humana Contract: Direct Health Insurance Carrier Services in Ke...Department of Defense$23.4BN/A
DoD's $20.45B T3 Managed Care Support Contract Awarded to Humana Government B...Department of Defense$20.5BN/A
Humana awarded $5.89B TRICARE East Region contract for managed care support s...Department of Defense$5.9BN/A
DoD's $3B TRICARE contract to Humana Government Business Inc. for healthcare ...Department of Defense$3.0BN/A
DoD's $18.5M Patient Appointing Services Contract Awarded to Humana Governmen...Department of Defense$18.5MN/A
Humana awarded $12.89M contract for patient appointing services at Colorado S...Department of Defense$12.9MN/A

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