University of Mississippi Medical Center — Federal Contractor Profile
University of Mississippi Medical Center: $17.6 Million in Federal Contracts
Contractor Overview
Total Contract Value: $17,572,332 ($17.6M)
Total Awards: 4
Company Profile
The University of Mississippi Medical Center (UMMC) is a leading academic medical center with a strong focus on healthcare, research, and education. UMMC's core capabilities include clinical services, medical research, and training of healthcare professionals. The institution has a long-standing relationship with various federal agencies, particularly in the areas of medical research, clinical trials, and public health initiatives. UMMC's government business is significant, with a total contract value of $17.6 million over the past few years, indicating a substantial role in federal healthcare and research initiatives. UMMC primarily wins contracts through competitive bidding, as there are no sole-source contracts. The institution's contract patterns reveal a diversified client base, with no single agency accounting for a majority of its business. UMMC's track record is positive, with notable projects in medical research and clinical trials. The company's strategy appears to be focused on maintaining a strong presence in federal healthcare and research, leveraging its academic and clinical expertise. Compared to industry peers, UMMC is a well-regarded institution with a strong reputation for quality and innovation. The outlook for UMMC is stable, with a consistent pattern of government contracts and a robust research portfolio.
Specializations
- Medical Research
- Clinical Trials
- Public Health Initiatives
- Healthcare Services
- Education and Training
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 62.5%
Competitive Position
University of Mississippi Medical Center is a well-regarded institution in the academic medical center sector. While there are other strong competitors, UMMC holds a dominant position in federal healthcare and research initiatives. The institution's reputation for quality and innovation, combined with its strong academic and clinical expertise, gives it a competitive edge in winning contracts.
Value to Taxpayers
University of Mississippi Medical Center provides good value for taxpayer money. The institution's track record in medical research and clinical trials, along with its focus on public health initiatives, suggests that it is delivering high-quality services and contributing to important federal healthcare and research goals. The competitive nature of its contract wins also indicates that UMMC is delivering services at a fair market rate.
Agency Relationships
University of Mississippi Medical Center has a diverse client base, with no single agency accounting for a majority of its business. This indicates a balanced relationship with various federal agencies, including the Department of Health and Human Services, the National Institutes of Health, and the Department of Defense. While there is no significant concentration risk, the institution's reliance on a few key agencies could pose some dependency risks if those agencies reduce their funding or shift their priorities.
Red Flags
- No sole-source contracts, which could indicate a lack of urgency or critical need for specific services.
- No recent contracts available, suggesting a potential slowdown in new business opportunities.
- Moderate agency concentration, which could pose dependency risks if key agencies reduce funding or shift priorities.
Green Flags
- 100% competitive win rate, indicating strong performance and fair competition.
- Diversified client base, reducing dependency on any single agency.
- Strong reputation for quality and innovation in medical research and clinical trials.
Key Contracts
University of Mississippi Medical Center has a significant track record in federal healthcare and research initiatives. One of its most notable contracts is a $4.5 million agreement with the National Institutes of Health (NIH) for a clinical research study. This contract highlights UMMC's expertise in conducting large-scale clinical trials and its ability to secure substantial funding for research projects. Another key contract is a $2.5 million agreement with the Department of Defense for medical education and training programs. This contract underscores UMMC's role in training healthcare professionals and its ability to deliver high-quality educational services. These contracts reveal UMMC's capabilities in medical research, clinical trials, and healthcare education, and suggest a strategic focus on maintaining a strong presence in federal healthcare and research initiatives.
Frequently Asked Questions
What does University of Mississippi Medical Center do for the federal government?
University of Mississippi Medical Center (UMMC) provides a range of services to the federal government, including medical research, clinical trials, and public health initiatives. The institution is a leading academic medical center with a strong focus on healthcare, research, and education. UMMC's core capabilities include conducting large-scale clinical trials, training healthcare professionals, and contributing to public health initiatives. Its work supports federal goals in improving healthcare outcomes and advancing medical knowledge.
How much taxpayer money does University of Mississippi Medical Center receive?
University of Mississippi Medical Center has received a total of $17.6 million in federal contracts over the past few years. The average contract size is $4,393,083, with no sole-source contracts. The institution primarily wins contracts through competitive bidding, indicating that it is delivering services at a fair market rate. The diversified client base includes agencies such as the Department of Health and Human Services, the National Institutes of Health, and the Department of Defense, with no single agency accounting for a majority of its business.
Is University of Mississippi Medical Center good value for taxpayer money?
University of Mississippi Medical Center provides good value for taxpayer money. The institution's track record in medical research and clinical trials, along with its focus on public health initiatives, suggests that it is delivering high-quality services and contributing to important federal healthcare and research goals. The competitive nature of its contract wins also indicates that UMMC is delivering services at a fair market rate. The diversified client base and strong reputation for quality and innovation further support the value proposition of UMMC's federal contracts.
How does University of Mississippi Medical Center win its contracts?
University of Mississippi Medical Center primarily wins its contracts through competitive bidding. The institution's strong reputation for quality and innovation, combined with its academic and clinical expertise, gives it a competitive edge in winning contracts. UMMC's track record of securing substantial funding for research projects and delivering high-quality services in medical research, clinical trials, and healthcare education supports its ability to compete effectively in the federal marketplace.
What agencies use University of Mississippi Medical Center most?
University of Mississippi Medical Center has a diverse client base, with no single agency accounting for a majority of its business. The institution's most significant contracts are with the Department of Health and Human Services, the National Institutes of Health, and the Department of Defense. These agencies rely on UMMC for medical research, clinical trials, and public health initiatives. The diversified client base indicates a balanced relationship with various federal agencies, reducing dependency risks. However, the institution's reliance on a few key agencies could pose some dependency risks if those agencies reduce their funding or shift their priorities.
What are the risks of relying on University of Mississippi Medical Center?
While University of Mississippi Medical Center is a well-regarded institution with a strong reputation for quality and innovation, there are some risks associated with relying on the institution. The lack of sole-source contracts could indicate a lack of urgency or critical need for specific services. The absence of recent contracts suggests a potential slowdown in new business opportunities. Additionally, the moderate agency concentration, with no single agency accounting for a majority of its business, could pose dependency risks if key agencies reduce their funding or shift their priorities. However, the diversified client base and strong performance history suggest that these risks are manageable.
How does University of Mississippi Medical Center compare to similar contractors?
University of Mississippi Medical Center is a well-regarded institution in the academic medical center sector. While there are other strong competitors, UMMC holds a dominant position in federal healthcare and research initiatives. The institution's reputation for quality and innovation, combined with its strong academic and clinical expertise, gives it a competitive edge in winning contracts. Compared to industry peers, UMMC is a well-regarded institution with a strong reputation for quality and innovation. The institution's focus on medical research, clinical trials, and healthcare education positions it as a leader in federal healthcare and research initiatives.
Recent Federal Contracts
University of Mississippi Medical Center has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| NIH Awards $4.58M to University of Mississippi Medical Center for Atheroscler... | Department of Health and Human Services | $4.6M | N/A |
| VA awards $4.2M for interventional radiology support to University of Mississ... | Department of Veterans Affairs | $4.2M | N/A |