VA Awards $80M for IT and Healthcare Tools to Liberty IT Solutions

Contract Overview

Contract Amount: $79,952,149 ($80.0M)

Contractor: Liberty IT Solutions LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2019-09-30

End Date: 2022-09-29

Contract Duration: 1,095 days

Daily Burn Rate: $73.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: MANAGEMENT CONSULTING SERVICES AND HEALTHCARE REVENUE WORKFLOW MANAGEMENT AND BUSINESS INFORMATION TECHNOLOGY TOOLS.

Place of Performance

Location: HERNDON, FAIRFAX County, VIRGINIA, 20171

State: Virginia Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $80.0 million to LIBERTY IT SOLUTIONS LLC for work described as: MANAGEMENT CONSULTING SERVICES AND HEALTHCARE REVENUE WORKFLOW MANAGEMENT AND BUSINESS INFORMATION TECHNOLOGY TOOLS. Key points: 1. Contract awarded for IT and healthcare revenue workflow management tools. 2. Liberty IT Solutions LLC is the sole awardee. 3. The contract was awarded under full and open competition. 4. The contract duration is 1095 days. 5. The total value is approximately $80 million.

Value Assessment

Rating: good

The contract value of $79.9M over three years suggests a significant investment. Benchmarking against similar IT and healthcare management contracts would be necessary for a precise value assessment, but the fixed-price structure provides some cost certainty.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Awarded under full and open competition, this method generally promotes competitive pricing. The use of a delivery order under a larger contract structure implies a structured procurement process that likely facilitated price discovery.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, aiming to secure services at a reasonable cost.

Public Impact

Enhances healthcare revenue workflows for the VA. Provides essential business information technology tools. Supports the Department of Veterans Affairs' operational efficiency. Impacts veterans through improved administrative processes.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The contract falls under Computer Systems Design Services (NAICS 541512), a sector experiencing high demand, particularly within government agencies for modernization and efficiency improvements. Spending benchmarks for similar IT services contracts with the VA can vary widely based on complexity and scope.

Small Business Impact

The data indicates the awardee is not a small business (sb: false). Therefore, this specific contract does not appear to directly benefit small businesses through subcontracting opportunities, though broader VA initiatives may exist.

Oversight & Accountability

The Department of Veterans Affairs is the contracting and awarding agency, suggesting internal oversight. Further details on performance monitoring and accountability mechanisms would be needed for a comprehensive assessment.

Related Government Programs

Risk Flags

Tags

computer-systems-design-services, department-of-veterans-affairs, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $80.0 million to LIBERTY IT SOLUTIONS LLC. MANAGEMENT CONSULTING SERVICES AND HEALTHCARE REVENUE WORKFLOW MANAGEMENT AND BUSINESS INFORMATION TECHNOLOGY TOOLS.

Who is the contractor on this award?

The obligated recipient is LIBERTY IT SOLUTIONS LLC.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $80.0 million.

What is the period of performance?

Start: 2019-09-30. End: 2022-09-29.

What specific improvements in healthcare revenue workflow management are expected from these IT tools?

The IT tools are expected to streamline and automate various aspects of the healthcare revenue cycle, including patient registration, billing, claims processing, and payment reconciliation. This aims to reduce administrative overhead, minimize errors, improve cash flow, and enhance overall financial performance for the VA's healthcare system, ultimately contributing to more efficient resource allocation for veteran care.

What are the primary risks associated with this contract, given the focus on IT and healthcare systems?

Key risks include potential cybersecurity vulnerabilities given the sensitive healthcare data involved, integration challenges with existing VA IT infrastructure, and the possibility of vendor lock-in. Ensuring robust data security protocols, thorough testing during integration, and clear exit strategies are crucial to mitigate these risks and maintain operational continuity.

How effectively will these tools contribute to the VA's overall mission of serving veterans?

By improving the efficiency and accuracy of healthcare revenue management, these tools can indirectly enhance the VA's ability to allocate resources effectively towards direct veteran care. Streamlined administrative processes free up personnel and financial resources, potentially leading to better service delivery and a more positive experience for veterans interacting with the healthcare system.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesComputer Systems Design Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Booz Allen Hamilton Inc

Address: 2303 DULLES STA BLVD STE 210, HERNDON, VA, 20171

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $98,885,232

Exercised Options: $79,952,149

Current Obligation: $79,952,149

Subaward Activity

Number of Subawards: 4

Total Subaward Amount: $68,226,635

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: VA11816D1015

IDV Type: IDC

Timeline

Start Date: 2019-09-30

Current End Date: 2022-09-29

Potential End Date: 2022-09-29 00:00:00

Last Modified: 2023-01-27

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