Top 31 Contractors in NAICS 524292: Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds, FY2024

Full ranking

Rank	Contractor	Net obligations	Share	Trend
1	Triwest Healthcare Alliance Corp Top agencies VA (Department of Veterans Affairs)	$270,815,820	32.8%	Rank history: #7 in FY2021, #1 in FY2022 and #1 in FY2023; unchanged since FY2023.
2	UnitedHealth Group Incorporated 4 awardees, including Optumrx Administrative Services, LLC, Optumserve Technology Services, Inc. and United Healthcare Services,Inc. Top agencies VA (Department of Veterans Affairs) HHS (Department of Health and Human Services) Treasury (Department of the Treasury)	$194,921,399	23.6%	Rank history: #3 in FY2021, #3 in FY2022 and #4 in FY2023; up 2 since FY2023.
3	Signature Choice II, LLC Top agencies VA (Department of Veterans Affairs)	$164,457,790	19.9%	Rank history: not on the FY2021–FY2023 lists; new.
4	Wisconsin Physicians Service Insurance Corp. Top agencies DHA (Defense Health Agency)	$46,858,113	5.7%	Rank history: #4 in FY2021, #4 in FY2022 and #3 in FY2023; down 1 since FY2023.
5	Torrent Technologies, Inc. Top agencies DHS (Department of Homeland Security)	$23,234,919	2.8%	Rank history: not on the FY2021–FY2023 lists; new.
6	Marsh & Mclennan Companies Inc. Through Torrent Technologies, Inc. Top agencies DHS (Department of Homeland Security)	$21,341,444	2.6%	Rank history: #6 in FY2021, #5 in FY2022 and #5 in FY2023; down 1 since FY2023.
7	Healthequity, Inc. 2 awardees Top agencies OPM (Office of Personnel Management) VA (Department of Veterans Affairs) Navy (Department of the Navy)	$18,558,995	2.2%	Rank history: #11 in FY2021, #8 in FY2022 and #8 in FY2023; up 1 since FY2023.
8	Signature Choice, LLC Top agencies VA (Department of Veterans Affairs)	$15,776,196	1.9%	Rank history: #1 in FY2021, #2 in FY2022 and #2 in FY2023; down 6 since FY2023.
9	Serco Inc Top agencies PBGC (Pension Benefit Guaranty Corporation)	$14,782,817	1.8%	Rank history: not on the FY2021–FY2022 lists and #7 in FY2023; down 2 since FY2023.
10	International Medical Group Inc. Top agencies CNCS (Corporation for National and Community Service) Peace Corps	$7,564,845	0.9%	Rank history: not on the FY2021–FY2023 lists; new.
11	Paragon Benefits, Inc. Top agencies Navy (Department of the Navy)	$6,045,800	0.7%	Rank history: #13 in FY2021, #11 in FY2022 and #11 in FY2023; unchanged since FY2023.
12	Taurus, LLC Top agencies DHS (Department of Homeland Security)	$3,700,640	0.4%	Rank history: not on the FY2021–FY2023 lists; new.
13	The SSI Group, LLC Top agencies HHS (Department of Health and Human Services)	$3,231,729	0.4%	Rank history: not on the FY2021–FY2023 lists; new.
14	Novitas Solutions, Inc. Top agencies HHS (Department of Health and Human Services)	$1,588,245	0.2%	Rank history: not on the FY2021–FY2023 lists; new.
15	Seven Corners Inc. Top agencies DOS (Department of State)	$1,555,818	0.2%	Rank history: #18 in FY2021, #14 in FY2022 and #20 in FY2023; up 5 since FY2023.
16	Palisade-Heritage JV LLC Top agencies VA (Department of Veterans Affairs)	$1,457,708	0.2%	Rank history: #30 in FY2021, #19 in FY2022 and #12 in FY2023; down 4 since FY2023.
17	Defense Collaboration Group LLC Top agencies Army (Department of the Army)	$1,264,059	0.2%	Rank history: not on the FY2021–FY2022 lists and #14 in FY2023; down 3 since FY2023.
18	Palisade Strategies, LLC Top agencies VA (Department of Veterans Affairs)	$1,015,929	0.1%	Rank history: #22 in FY2021, #18 in FY2022 and #16 in FY2023; down 2 since FY2023.
19	Horizon Strategies LLC Top agencies Army (Department of the Army)	$886,536	0.1%	Rank history: #17 in FY2021, #17 in FY2022 and #10 in FY2023; down 9 since FY2023.
20	Innovative Claim Solutions, Inc. Top agencies DOE (Department of Energy)	$861,337	0.1%	Rank history: not on the FY2021–FY2023 lists; new.
21	Insurance Services Office Inc. Top agencies Treasury (Department of the Treasury)	$683,090	0.1%	Rank history: not on the FY2021–FY2022 lists and #19 in FY2023; down 2 since FY2023.
22	Penser North America, Inc. Top agencies DOE (Department of Energy)	$489,722	0.1%	Rank history: #25 in FY2021, #24 in FY2022 and #17 in FY2023; down 5 since FY2023.
23	Palisade-Heritage Joint Venture II, LLC Top agencies VA (Department of Veterans Affairs)	$382,000	<0.1%	Rank history: not on the FY2021–FY2023 lists; new.
24	Prosidian Consulting LLC Top agencies NSF (National Science Foundation)	$329,957	<0.1%	Rank history: #29 in FY2021, #26 in FY2022 and #21 in FY2023; down 3 since FY2023.
25	Towers Watson Delaware Inc. Through Willis Towers Watson US LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$220,815	<0.1%	Rank history: #16 in FY2021, #21 in FY2022 and not on the FY2023 list; returned.
26	Disabled Veterans Hawaii LLC Top agencies VA (Department of Veterans Affairs)	$186,326	<0.1%	Rank history: not on the FY2021–FY2023 lists; new.
27	Nationwide Pharmaceutical LLC Top agencies VA (Department of Veterans Affairs)	$118,340	<0.1%	Rank history: #28 in FY2021, #27 in FY2022 and not on the FY2023 list; returned.
28	RPW Solutions LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$90,000	<0.1%	Rank history: not on the FY2021–FY2023 lists; new.
29	Truax Patient Services LLC Top agencies Treasury (Department of the Treasury)	$36,300	<0.1%	Rank history: not on the FY2021–FY2023 lists; new.
30	Change Healthcare Operations, LLC Top agencies HHS (Department of Health and Human Services)	$15,678	<0.1%	Rank history: not on the FY2021–FY2023 lists; new.
31	Employee Benefit Advisors, Inc. Top agencies Treasury (Department of the Treasury)	$15,283	<0.1%	Rank history: not on the FY2021 list, #31 in FY2022 and #27 in FY2023; down 4 since FY2023.

How this ranking works

• Source: every contract action FPDS records (as published on SAM.gov) in the period, as GovTribe received it.
• Amounts are net obligations: what was obligated, less what was deobligated. Shares are of $826 million obligated before deobligations, so they never pass 100%.
• Parent companies: each action counts under the ultimate parent its award record names, or under the awardee when it names none, so no dollar counts twice. Parents of the same name (Inc., LLC and the like aside) count as one company, since FPDS records a company's parent under more than one UEI over time. GovTribe corrects a few parents and names by hand; see the corrections.
• Fiscal year 2024 ran Oct 1, 2023 – Sep 30, 2024. The Department of Defense reports its contract actions to FPDS about 90 days late, so a fiscal year is ranked once they're in, in February, and the list doesn't change after.
• Rank changes compare with FY2023. "New" marks a company outside that period's top 500, and "Returned" one of those that was on an earlier fiscal year's list.
• Rank lines show each company's rank on every fiscal year's list since FY2021, #1 at the top, on a scale that gives the top of the list more room. A dashed stretch spans years it wasn't on the list. The step from FY2023 takes the color of the rank change beside it.
• Placeholder recipients FPDS uses when it names no company ("Miscellaneous Foreign Contractors" and the like) aren't ranked.

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