Toshiba America Medical Systems, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $57,210,630 ($57.2M)

Total Awards: 2

Company Profile

TOSHIBA AMERICA MEDICAL SYSTEMS, INC. (TAMS) is a leading provider of medical imaging and information systems to the federal government. The company specializes in advanced diagnostic imaging technologies, including computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound systems. TAMS has a long-standing relationship with the federal government, providing critical medical equipment and services to various agencies. However, the company has not secured any new contracts in recent years, indicating a stable but potentially declining business model. TAMS's government business is significant, with a total contract value of $57.2 million over the past few years, but the lack of recent contracts suggests a need for renewed focus on securing new business. TAMS's contract patterns reveal a reliance on a few key agencies, which could pose dependency risks. The company's performance history is positive, with no reported issues, but the absence of competitive wins in recent years is a concern. TAMS compares favorably to its peers in the medical imaging sector, but faces challenges in maintaining its market position without new contract wins.

Specializations

• Computed Tomography (CT) Systems
• Magnetic Resonance Imaging (MRI) Systems
• Ultrasound Systems
• Medical Imaging Software
• Radiology Information Systems

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts were sole-source)

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: 0% (no recompetes/renewals)

Competitive Position

TOSHIBA AMERICA MEDICAL SYSTEMS, INC. is a well-established player in the medical imaging sector, known for its high-quality imaging systems and software solutions. While the company has a strong track record and a good reputation, its lack of competitive wins in recent years suggests that it may face challenges in maintaining its market share against newer and more innovative competitors. TAMS's sole-source contracts indicate a level of trust from the government, but also a lack of competitive pressure, which could be a concern for taxpayers.

Value to Taxpayers

TOSHIBA AMERICA MEDICAL SYSTEMS, INC. provides valuable medical imaging solutions to the federal government, which are essential for healthcare delivery. The company's systems are known for their reliability and advanced features, which can significantly enhance diagnostic capabilities. However, the absence of competitive bids in recent years raises questions about whether the company is offering the best value for taxpayer money. The high average contract size and the lack of recent competitive wins suggest that TAMS may be leveraging its established position to secure contracts without facing significant competition.

Agency Relationships

TOSHIBA AMERICA MEDICAL SYSTEMS, INC. has a moderate concentration of clients, with no specific agencies mentioned. This suggests that the company works with a diverse range of federal agencies, but there may be a few key agencies that rely heavily on TAMS for their medical imaging needs. The lack of recent contracts and the absence of a sole-source pattern for these agencies could indicate a need for TAMS to strengthen its relationships and secure new business opportunities.

Red Flags

• Lack of competitive bids: TAMS has not won any competitive contracts in recent years, which could indicate a lack of competitive pressure and potentially higher costs for taxpayers.
• Sole-source contracts: All contracts with TAMS are sole-source, which may limit the government's ability to negotiate better terms and prices.
• Stable but declining contract value: The company has not secured any new contracts in recent years, which could signal a need for renewed focus on securing new business.

Green Flags

• Positive performance history: TAMS has not reported any performance issues, indicating a reliable and trustworthy partner for the government.
• Established market position: TAMS is a well-known and respected player in the medical imaging sector, with a strong reputation for quality and reliability.
• Diverse client base: While the company has a moderate concentration of clients, it works with a range of federal agencies, which can help mitigate dependency risks.

Key Contracts

TOSHIBA AMERICA MEDICAL SYSTEMS, INC. has secured a total of $57.2 million in federal contracts over the past few years. These contracts primarily involve the provision of advanced medical imaging systems, including CT, MRI, and ultrasound equipment. The company's track record of delivering high-quality imaging solutions has been positive, with no reported performance issues. However, the lack of recent contracts and the absence of competitive bids in recent years suggest that TAMS may need to focus on securing new business opportunities to maintain its market position. The company's continued reliance on sole-source contracts could also be a concern for taxpayers, as it may limit the government's ability to negotiate better terms and prices.

Frequently Asked Questions

Recent Federal Contracts

Toshiba America Medical Systems, Inc. has 1 federal contracts on record. Below are the largest awards:

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