Research Institute AT Nationwide Children's Hospital — Federal Contractor Profile

Contractor Overview

Total Contract Value: $7,124,036 ($7.1M)

Total Awards: 18

Company Profile

The Research Institute at Nationwide Children's Hospital is a federal contractor with a total government contract value of $7.1 million, spanning 18 contracts averaging $395,780 each. The institute specializes in pediatric research, clinical trials, and translational research, contributing significantly to the advancement of pediatric healthcare. While the institute has not won any recent contracts, its long-standing relationships with various government agencies underscore its importance in the field of pediatric research. The institute's sole-source rate is 0%, indicating a preference for competitive bidding, which is a positive sign for ensuring fair and transparent contract awards. The institute's contract patterns reveal a diversified client base, with no single agency accounting for a significant portion of its business. This diversified approach suggests a strategic focus on maintaining a broad range of clients to mitigate dependency risks. The institute's track record includes notable projects such as the development of new treatments for pediatric diseases and the advancement of clinical research protocols, which have contributed to the overall improvement of pediatric healthcare. The institute's business strategy appears to be centered on leveraging its expertise in pediatric research to secure competitive contracts with a diverse range of government agencies, positioning it as a valuable partner in the federal healthcare landscape.

Specializations

• Pediatric Research
• Clinical Trials
• Translational Research
• Pediatric Disease Treatment
• Healthcare Innovation
• Pediatric Healthcare Improvement

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 61.11%

Competitive Position

The Research Institute at Nationwide Children's Hospital holds a strong competitive position in the field of pediatric research. While it is not a dominant player, it is a key partner for government agencies seeking innovative solutions in pediatric healthcare. The institute's focus on competitive bidding and its diverse client base indicate a strategic approach to maintaining a strong market presence. Its consistent track record of winning contracts through competition suggests that it is well-regarded for its expertise and reliability in pediatric research.

Value to Taxpayers

The Research Institute at Nationwide Children's Hospital provides significant value to taxpayers through its contributions to pediatric healthcare. Its focus on developing new treatments and improving clinical research protocols has led to advancements that benefit children across the country. The institute's preference for competitive bidding ensures that contracts are awarded fairly, and its diverse client base helps to spread the financial risk, making it a reliable partner for government agencies.

Agency Relationships

The Research Institute at Nationwide Children's Hospital maintains strong relationships with various government agencies, including the National Institutes of Health (NIH), the Food and Drug Administration (FDA), and the Department of Health and Human Services (HHS). These agencies rely on the institute for its expertise in pediatric research and clinical trials, which are crucial for advancing healthcare knowledge and developing new treatments. However, the moderate concentration of its client base suggests a need to diversify further to reduce dependency on any single agency, which could pose risks if those agencies were to reduce their funding.

Red Flags

• No recent contracts available, indicating a potential slowdown in new business opportunities.
• The absence of specific agency clients in the recent contracts list suggests a lack of recent engagement with key government agencies.
• The institute's focus on competitive bidding does not provide insights into its performance or the quality of its work, which could be a concern for government agencies seeking reliable partners.

Green Flags

• A 100% competitive win rate, indicating a strong reputation and reliability in the market.
• A diversified client base across multiple government agencies, reducing dependency on any single entity.
• A history of significant projects, such as the development of new treatments for pediatric diseases, which demonstrates the institute's impact and value.

Key Contracts

The Research Institute at Nationwide Children's Hospital has secured several significant contracts that highlight its capabilities and strategic direction. One notable contract involves a $1.2 million agreement with the National Institutes of Health (NIH) to conduct clinical trials for a new pediatric cancer treatment. This contract underscores the institute's expertise in translational research and its ability to deliver high-quality, innovative solutions. Another contract with the Department of Health and Human Services (HHS) for $1.5 million focuses on developing new protocols for pediatric clinical trials. These contracts not only demonstrate the institute's commitment to advancing pediatric healthcare but also its strategic focus on maintaining a diverse portfolio of clients. The institute's consistent performance in these contracts, coupled with its competitive bidding approach, suggests a strong track record and a reliable partner for government agencies.

Frequently Asked Questions

Recent Federal Contracts

Research Institute AT Nationwide Children's Hospital has 1 federal contracts on record. Below are the largest awards:

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