CMS Awards $55.4M Task Order to Companion Data Services for Medicare Claims Processing

Contract Overview

Contract Amount: $55,409,112 ($55.4M)

Contractor: Companion Data Services LLC

Awarding Agency: Department of Health and Human Services

Start Date: 2023-06-01

End Date: 2024-05-31

Contract Duration: 365 days

Daily Burn Rate: $151.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: TIME AND MATERIALS

Sector: IT

Official Description: MEDICARE FEE FOR SERVICE CLAIMS PROCESSING WORKLOAD B

Place of Performance

Location: COLUMBIA, RICHLAND County, SOUTH CAROLINA, 29219

State: South Carolina Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $55.4 million to COMPANION DATA SERVICES LLC for work described as: MEDICARE FEE FOR SERVICE CLAIMS PROCESSING WORKLOAD B Key points: 1. Significant contract value highlights the importance of Medicare claims processing. 2. Full and open competition suggests a competitive bidding environment. 3. Potential risk associated with reliance on a single vendor for critical operations. 4. IT sector spending benchmark for similar services needs further analysis.

Value Assessment

Rating: good

The award of $55.4 million for a 1-year period appears reasonable given the critical nature of Medicare fee-for-service claims processing. Benchmarking against similar IT service contracts for government agencies is necessary for a definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes price discovery and can lead to more competitive pricing.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for essential government services like Medicare claims processing.

Public Impact

Ensures continued processing of Medicare fee-for-service claims, impacting millions of beneficiaries and healthcare providers. Supports the operational efficiency of the Centers for Medicare and Medicaid Services (CMS). Potential for improved or maintained service levels for Medicare beneficiaries.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT sector, specifically computer systems design services. Government spending in this area is substantial, supporting a wide range of critical functions from data processing to cybersecurity.

Small Business Impact

The data does not indicate specific set-asides for small businesses. Further analysis would be needed to determine if small businesses were involved as subcontractors or if opportunities were missed.

Oversight & Accountability

The award is managed by the Centers for Medicare and Medicaid Services (CMS), a key agency within HHS. Standard government oversight mechanisms for contract performance and financial management would apply.

Related Government Programs

Risk Flags

Tags

computer-systems-design-services, department-of-health-and-human-services, sc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $55.4 million to COMPANION DATA SERVICES LLC. MEDICARE FEE FOR SERVICE CLAIMS PROCESSING WORKLOAD B

Who is the contractor on this award?

The obligated recipient is COMPANION DATA SERVICES LLC.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Centers for Medicare and Medicaid Services).

What is the total obligated amount?

The obligated amount is $55.4 million.

What is the period of performance?

Start: 2023-06-01. End: 2024-05-31.

What is the historical performance of Companion Data Services LLC on similar government contracts?

Assessing Companion Data Services LLC's past performance on comparable government contracts is crucial. Reviewing past performance evaluations, on-time delivery records, and adherence to budget constraints will provide insight into their reliability and capability to fulfill this Medicare claims processing workload effectively and efficiently.

How does the awarded price compare to the government's independent cost estimate?

Comparing the awarded price of $55.4 million to the government's independent cost estimate (ICE) is vital for validating value for money. A significant difference could indicate either an overly optimistic estimate or a highly competitive bid, warranting further investigation into the pricing structure and assumptions.

What are the key performance indicators (KPIs) for this task order and how will they be measured?

Understanding the specific KPIs for Medicare claims processing workload is essential for evaluating effectiveness. These likely include metrics such as claims processing time, accuracy rates, and system uptime. Robust measurement and reporting of these KPIs will ensure the contractor meets performance expectations and taxpayer requirements.

Industry Classification

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

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - DATA CENTER

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 230391

Offers Received: 1

Pricing Type: TIME AND MATERIALS (Y)

Evaluated Preference: NONE

Contractor Details

Address: INTERSTATE 20 AT ALPINE RD, COLUMBIA, SC, 29219

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

Financial Breakdown

Contract Ceiling: $56,849,122

Exercised Options: $55,409,112

Current Obligation: $55,409,112

Actual Outlays: $55,409,112

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: HHSM500201600016I

IDV Type: IDC

Timeline

Start Date: 2023-06-01

Current End Date: 2024-05-31

Potential End Date: 2024-05-31 00:00:00

Last Modified: 2025-02-27

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