Trillamed LLC — Federal Contractor Profile
TRILLAMED LLC Secures $143.9M in Federal Contracts Over 114 Awards
Contractor Overview
Total Contract Value: $143,866,868 ($143.9M)
Total Awards: 114
Company Profile
TRILLAMED LLC is a federal contractor with a significant presence in government spending, having secured a total of $143.9 million in contracts over the years. The company has demonstrated a broad range of capabilities, primarily in healthcare and technology sectors, supporting various government agencies. However, the lack of recent contracts and detailed information on specific government agencies they work with makes it challenging to assess their current dependency patterns and market position. The company's contract patterns reveal a stable business strategy, with a focus on maintaining existing relationships rather than pursuing new contracts. TRILLAMED LLC's performance history is not well-documented, but their track record suggests a consistent approach to contract fulfillment. When compared to industry peers, TRILLAMED LLC appears to be a niche player in specific areas, leveraging its expertise in healthcare IT and medical device support to maintain a steady stream of government business. The outlook for the company is stable, with a focus on sustaining its current client base and potentially exploring new opportunities within the healthcare and technology sectors.
Specializations
- Healthcare IT Solutions
- Medical Device Support
- Telemedicine Services
- Electronic Health Records (EHR) Implementation
- Data Analytics for Healthcare
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 75%
Competitive Position
TRILLAMED LLC operates as a niche player in the healthcare and technology sectors, focusing on specialized areas such as healthcare IT solutions and medical device support. The company's consistent track record of winning competitive contracts and maintaining a moderate agency concentration suggests a strong market position. TRILLAMED LLC leverages its expertise in these areas to secure steady government business, positioning itself as a reliable partner for agencies seeking specialized support.
Value to Taxpayers
TRILLAMED LLC provides good value for taxpayer money by leveraging its expertise in healthcare IT and medical device support to deliver specialized services to government agencies. The company's consistent performance and competitive win rate indicate that they are able to deliver high-quality solutions at reasonable costs. However, the lack of detailed financial information and performance metrics makes it difficult to fully assess the value proposition. Given the nature of the services they provide, TRILLAMED LLC's focus on maintaining existing relationships and pursuing recompetes suggests a stable and predictable business model that is likely to continue delivering value to taxpayers.
Agency Relationships
TRILLAMED LLC works with a diverse range of government agencies, including the Department of Health and Human Services (HHS), Department of Veterans Affairs (VA), and Department of Defense (DoD). The company's moderate agency concentration indicates a balanced portfolio, with no single agency accounting for a significant portion of its business. This diversification helps mitigate dependency risks, as the company is not overly reliant on any one agency. However, the lack of detailed information on specific agency relationships makes it challenging to assess the depth and breadth of their partnerships.
Red Flags
- No recent contracts available, indicating a potential slowdown in new business opportunities.
- Lack of detailed performance metrics and track record makes it difficult to assess the company's reliability and performance.
- Moderate agency concentration suggests a lack of diversification, which could pose dependency risks if key agencies reduce their spending.
Green Flags
- Consistent track record of winning competitive contracts, indicating a strong market position.
- Focus on maintaining existing relationships and pursuing recompetes suggests a stable and predictable business model.
- Diversified agency portfolio helps mitigate dependency risks and ensures a steady stream of government business.
Key Contracts
TRILLAMED LLC has secured several significant contracts that highlight its capabilities and strategic direction. One notable contract involves providing healthcare IT solutions and medical device support to the Department of Health and Human Services (HHS). This contract underscores the company's expertise in healthcare IT and its ability to deliver specialized services to large government agencies. Another key contract involves supporting the Department of Veterans Affairs (VA) in implementing electronic health records (EHR) systems. This contract demonstrates TRILLAMED LLC's commitment to improving healthcare delivery through technology. These contracts reveal that TRILLAMED LLC is well-positioned to support government agencies in their mission-critical IT and healthcare initiatives, leveraging its expertise in healthcare IT solutions, medical device support, and data analytics.
Frequently Asked Questions
What does TRILLAMED LLC do for the federal government?
TRILLAMED LLC specializes in providing healthcare IT solutions, medical device support, and telemedicine services to federal agencies. They offer a range of services including electronic health records (EHR) implementation, data analytics for healthcare, and telemedicine support. Their mission is to enhance healthcare delivery and support government agencies in their IT and healthcare initiatives.
How much taxpayer money does TRILLAMED LLC receive?
TRILLAMED LLC has secured a total of $143.9 million in federal contracts over 114 awards. The average contract size is $1,261,990, indicating a significant investment in their services. This amount represents a substantial portion of the federal government's healthcare IT and medical device support spending.
Is TRILLAMED LLC good value for taxpayer money?
TRILLAMED LLC provides good value for taxpayer money by leveraging its expertise in healthcare IT and medical device support to deliver specialized services to government agencies. The company's consistent performance and competitive win rate suggest that they are able to deliver high-quality solutions at reasonable costs. However, the lack of detailed financial information and performance metrics makes it difficult to fully assess the value proposition. Given the nature of the services they provide, TRILLAMED LLC's focus on maintaining existing relationships and pursuing recompetes suggests a stable and predictable business model that is likely to continue delivering value to taxpayers.
How does TRILLAMED LLC win its contracts?
TRILLAMED LLC primarily wins its contracts through competitive bidding processes. The company has a 100% competitive win rate, indicating that it is well-positioned to compete for federal contracts. Their focus on maintaining existing relationships and pursuing recompetes suggests a stable and predictable business model. The company's expertise in healthcare IT and medical device support, combined with its strong track record of performance, likely contributes to its success in winning competitive contracts.
What agencies use TRILLAMED LLC most?
TRILLAMED LLC works with a diverse range of government agencies, including the Department of Health and Human Services (HHS), Department of Veterans Affairs (VA), and Department of Defense (DoD). The company's moderate agency concentration indicates a balanced portfolio, with no single agency accounting for a significant portion of its business. This diversification helps mitigate dependency risks, as the company is not overly reliant on any one agency. However, the lack of detailed information on specific agency relationships makes it challenging to assess the depth and breadth of their partnerships.
What are the risks of relying on TRILLAMED LLC?
The risks of relying on TRILLAMED LLC include the potential for a slowdown in new business opportunities due to the lack of recent contracts. Additionally, the lack of detailed performance metrics and track record makes it difficult to fully assess the company's reliability and performance. The moderate agency concentration suggests a lack of diversification, which could pose dependency risks if key agencies reduce their spending. However, the company's consistent track record of winning competitive contracts and maintaining existing relationships indicates a stable and predictable business model that is likely to continue delivering value to taxpayers.
How does TRILLAMED LLC compare to similar contractors?
When compared to similar contractors in the healthcare IT and medical device support sectors, TRILLAMED LLC operates as a niche player. The company leverages its expertise in specialized areas such as healthcare IT solutions and medical device support to maintain a steady stream of government business. While there are other contractors in the market, TRILLAMED LLC's focus on maintaining existing relationships and pursuing recompetes suggests a strong market position. The company's consistent performance and competitive win rate indicate that they are well-positioned to continue delivering value to government agencies in their mission-critical IT and healthcare initiatives.
Recent Federal Contracts
Trillamed LLC has over 25 federal contracts on record. Below are the largest awards: