VA awards $401M contract for physician services to Health Net Federal Services, LLC

Contract Overview

Contract Amount: $401,444,842 ($401.4M)

Contractor: Health NET Federal Services, LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2018-01-01

End Date: 2018-09-30

Contract Duration: 272 days

Daily Burn Rate: $1.5M/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIXED PRICE INCENTIVE

Sector: Healthcare

Official Description: EXPRESS REPORT: PCCC/CHOICE

Place of Performance

Location: RANCHO CORDOVA, SACRAMENTO County, CALIFORNIA, 95742

State: California Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $401.4 million to HEALTH NET FEDERAL SERVICES, LLC for work described as: EXPRESS REPORT: PCCC/CHOICE Key points: 1. Contract value of $401.4M for physician services. 2. Awarded to Health Net Federal Services, LLC. 3. Procured under full and open competition. 4. Sector is Healthcare (Offices of Physicians).

Value Assessment

Rating: good

The contract value of $401.4M appears reasonable for physician services over a 9-month period, considering the scope of services typically provided by a large healthcare contractor.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process and a competitive bidding environment. This method generally leads to more favorable pricing for the government.

Taxpayer Impact: The use of full and open competition is expected to maximize value for taxpayers by ensuring the government receives competitive pricing for essential physician services.

Public Impact

Ensures continued access to physician services for veterans. Supports healthcare delivery within the Department of Veterans Affairs. Potential impact on patient care quality and wait times.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Healthcare sector, specifically for physician services. Spending benchmarks for physician services can vary widely based on location, specialty, and service volume, but $401M for 9 months suggests a large-scale operation.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. The award to Health Net Federal Services, LLC, a large entity, suggests that small businesses may not have been primary awardees for this specific contract.

Oversight & Accountability

The Department of Veterans Affairs is responsible for oversight of this contract. The use of a Fixed Price Incentive contract type requires diligent monitoring to ensure cost control and performance standards are met.

Related Government Programs

Risk Flags

Tags

offices-of-physicians-except-mental-heal, department-of-veterans-affairs, ca, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $401.4 million to HEALTH NET FEDERAL SERVICES, LLC. EXPRESS REPORT: PCCC/CHOICE

Who is the contractor on this award?

The obligated recipient is HEALTH NET FEDERAL SERVICES, 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 $401.4 million.

What is the period of performance?

Start: 2018-01-01. End: 2018-09-30.

What specific physician services are covered under this contract and how do they align with VA's patient needs?

The contract covers services under NAICS code 621111 (Offices of Physicians). This typically includes general and specialized medical services provided by physicians. A detailed breakdown of specific services, patient volumes, and specialties would be needed to fully assess alignment with VA's patient needs and ensure efficient resource allocation.

What are the key performance indicators (KPIs) and incentive structures within the Fixed Price Incentive contract?

The Fixed Price Incentive (FPI) contract type links contractor profit to performance against cost and schedule targets. Key KPIs would likely include patient access, quality of care metrics, and provider availability. The incentive structure would define how deviations from target costs and performance impact the final price paid, requiring careful VA oversight to manage risks and reward efficiency.

How does the $401M award compare to historical spending on similar physician services by the VA or other federal agencies?

Benchmarking this $401M award requires comparing it against similar contracts for physician services within the VA or other agencies, considering factors like contract duration, scope of services, and geographic location. Without specific comparative data, it's difficult to definitively assess if this represents optimal value, though the full and open competition suggests a competitive outcome.

Industry Classification

NAICS: Health Care and Social AssistanceOffices of PhysiciansOffices of Physicians (except Mental Health Specialists)

Product/Service Code: MEDICAL SERVICESOTHER MEDICAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIXED PRICE INCENTIVE (L)

Evaluated Preference: NONE

Contractor Details

Parent Company: Centene Corporation (UEI: 809245525)

Address: 2025 AEROJET RD, RANCHO CORDOVA, CA, 95742

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $401,444,842

Exercised Options: $401,444,842

Current Obligation: $401,444,842

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: VA79113D0053

IDV Type: IDC

Timeline

Start Date: 2018-01-01

Current End Date: 2018-09-30

Potential End Date: 2022-03-31 00:00:00

Last Modified: 2021-06-14

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