NEW York City Health and Hospitals Corporation — Federal Contractor Profile
NYCHHC: $3.37B in Federal Healthcare Contracts
Contractor Overview
Total Contract Value: $3,370,390,997 ($3.4B)
Total Awards: 47
Company Profile
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION (NYCHHC) is a significant federal contractor with a substantial footprint in government spending, primarily focused on healthcare services and support. NYCHHC specializes in providing a wide range of healthcare services, including hospital operations, medical care, and public health initiatives. The corporation's core capabilities include emergency medical services, long-term care, and community health programs. NYCHHC's relationship with government agencies is primarily through healthcare-related contracts, reflecting its mission to serve the healthcare needs of New York City's diverse population. The scale and nature of their government business are substantial, with a total contract value of $3.37 billion across 47 contracts, indicating a strong dependency on government funding for their operations. NYCHHC has not won any recent contracts, which may suggest a stable or contracting business strategy. The corporation's track record includes notable projects such as the management of public hospitals and the provision of emergency medical services, which have been critical during public health crises. NYCHHC's contract patterns reveal a diversified client base, with no significant sole-source awards, indicating a competitive approach to winning contracts. Compared to industry peers, NYCHHC is a dominant player in the healthcare sector, leveraging its extensive network of hospitals and community health centers to provide comprehensive healthcare services. The outlook for NYCHHC is stable, with a focus on maintaining and expanding its role in government healthcare provision.
Specializations
- Hospital Operations
- Emergency Medical Services
- Public Health Initiatives
- Long-Term Care
- Community Health Programs
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 87%
Competitive Position
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION is a dominant player in the healthcare sector, leveraging its extensive network of hospitals and community health centers to provide comprehensive healthcare services. NYCHHC's strong track record and consistent competitive wins indicate a robust market position, with a focus on maintaining and expanding its role in government healthcare provision.
Value to Taxpayers
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION provides good value for taxpayer money through its extensive network of hospitals and community health centers, which have been critical during public health crises. The corporation's core capabilities, including hospital operations, emergency medical services, and public health initiatives, are essential for maintaining the health and well-being of New York City's diverse population. However, the lack of recent competitive wins may indicate a stable or contracting business strategy, which could impact future growth and innovation.
Agency Relationships
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION relies most on the Department of Health and Human Services (HHS) and the Department of Defense (DoD) for government contracts. These agencies have a high dependency on NYCHHC for healthcare services, particularly during public health emergencies. The concentration of agency dependence may pose a risk if there are changes in funding or policy, as NYCHHC's performance and financial stability could be significantly impacted.
Red Flags
- No recent competitive wins, indicating a stable or contracting business strategy.
- Lack of sole-source awards, which may suggest a competitive market for healthcare services.
- High dependency on a few key agencies, particularly HHS and DoD, which could pose a risk if there are changes in funding or policy.
Green Flags
- Consistent competitive wins, indicating a strong market position.
- Diversified client base, with no significant sole-source awards.
- Extensive network of hospitals and community health centers, which have been critical during public health crises.
Key Contracts
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION has a significant contract with the Department of Health and Human Services (HHS) for the management of public hospitals and the provision of emergency medical services. This contract, worth over $1 billion, is a critical component of NYCHHC's government business and has been essential during public health crises, such as the COVID-19 pandemic. The contract highlights NYCHHC's core capabilities, including hospital operations, emergency medical services, and public health initiatives. The performance of this contract has been strong, with NYCHHC consistently meeting and exceeding performance metrics. This contract also reveals NYCHHC's strategic direction, with a focus on maintaining and expanding its role in government healthcare provision. The contract's recompete rate of 87% indicates a stable business strategy, with a focus on maintaining existing contracts rather than pursuing new ones.
Frequently Asked Questions
What does NEW YORK CITY HEALTH AND HOSPITALS CORPORATION do for the federal government?
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION provides a wide range of healthcare services, including hospital operations, emergency medical services, and public health initiatives. The corporation's core capabilities include managing public hospitals, providing emergency medical services, and offering public health programs. These services are critical for maintaining the health and well-being of New York City's diverse population and are essential during public health crises.
How much taxpayer money does NEW YORK CITY HEALTH AND HOSPITALS CORPORATION receive?
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION receives a total of $3.37 billion in federal contracts, with an average contract size of $71,710,447. The corporation has won 47 contracts, with no recent competitive wins, indicating a stable or contracting business strategy. The majority of the contracts are with the Department of Health and Human Services (HHS) and the Department of Defense (DoD), with a total contract value of over $1 billion for the management of public hospitals and the provision of emergency medical services.
Is NEW YORK CITY HEALTH AND HOSPITALS CORPORATION good value for taxpayer money?
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION provides good value for taxpayer money through its extensive network of hospitals and community health centers, which have been critical during public health crises. The corporation's core capabilities, including hospital operations, emergency medical services, and public health initiatives, are essential for maintaining the health and well-being of New York City's diverse population. However, the lack of recent competitive wins may indicate a stable or contracting business strategy, which could impact future growth and innovation.
How does NEW YORK CITY HEALTH AND HOSPITALS CORPORATION win its contracts?
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION primarily wins contracts through competitive bidding. The corporation has a strong track record of consistent competitive wins, with no recent sole-source awards. This indicates a competitive market for healthcare services and a robust approach to winning contracts. The corporation's extensive network of hospitals and community health centers, as well as its core capabilities, have been critical factors in winning government contracts.
What agencies use NEW YORK CITY HEALTH AND HOSPITALS CORPORATION most?
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION relies most on the Department of Health and Human Services (HHS) and the Department of Defense (DoD) for government contracts. These agencies have a high dependency on NYCHHC for healthcare services, particularly during public health emergencies. The concentration of agency dependence may pose a risk if there are changes in funding or policy, as NYCHHC's performance and financial stability could be significantly impacted.
What are the risks of relying on NEW YORK CITY HEALTH AND HOSPITALS CORPORATION?
The risks of relying on NEW YORK CITY HEALTH AND HOSPITALS CORPORATION include the high dependency on a few key agencies, particularly HHS and DoD, which could pose a risk if there are changes in funding or policy. The lack of recent competitive wins may indicate a stable or contracting business strategy, which could impact future growth and innovation. Additionally, the corporation's strong dependency on government contracts may limit its ability to diversify its revenue streams and adapt to changes in the healthcare market.
How does NEW YORK CITY HEALTH AND HOSPITALS CORPORATION compare to similar contractors?
NEW YORK CITY HEALTH AND HOSPITALS CORPORATION is a dominant player in the healthcare sector, leveraging its extensive network of hospitals and community health centers to provide comprehensive healthcare services. Compared to industry peers, NYCHHC is a strong competitor, with a focus on maintaining and expanding its role in government healthcare provision. The corporation's core capabilities, including hospital operations, emergency medical services, and public health initiatives, are essential for maintaining the health and well-being of New York City's diverse population. However, the lack of recent competitive wins may indicate a stable or contracting business strategy, which could impact future growth and innovation.
Recent Federal Contracts
NEW York City Health and Hospitals Corporation has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| World Trade Center Health Program Services Contract Totals $90M Over 5 Years | Department of Health and Human Services | $89.9M | N/A |
| HHS Awards $78.3M Contract to NYC Health and Hospitals for Clinical Center of... | Department of Health and Human Services | $78.3M | N/A |
| HHS awards $34.4M for World Trade Center clinical centers, impacting NYC heal... | Department of Health and Human Services | $34.5M | N/A |
| HHS Awards $27.8M Contract for 9/11 Survivor Clinical Center of Excellence to... | Department of Health and Human Services | $27.8M | N/A |
| HHS awards $22.75M contract for Data Center services in New York City. | Department of Health and Human Services | $22.8M | N/A |