Top 29 Contractors in NAICS 524292: Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds, FY2023

Full ranking

Rank	Contractor	Net obligations	Share	Trend
1	Triwest Healthcare Alliance Corp Top agencies VA (Department of Veterans Affairs)	$229,829,124	38.0%	Rank history: #7 in FY2021, #1 in FY2022 and #1 in FY2024; unchanged since FY2022.
2	Signature Choice, LLC Top agencies VA (Department of Veterans Affairs)	$130,386,323	21.6%	Rank history: #1 in FY2021, #2 in FY2022 and #8 in FY2024; unchanged since FY2022.
3	Wisconsin Physicians Service Insurance Corp. Top agencies DHA (Defense Health Agency)	$50,930,854	8.4%	Rank history: #4 in FY2021, #4 in FY2022 and #4 in FY2024; up 1 since FY2022.
4	UnitedHealth Group Incorporated 3 awardees, including Optumserve Technology Services, Inc., United Healthcare Services,Inc. and Optumrx Administrative Services, LLC Top agencies HHS (Department of Health and Human Services) Treasury (Department of the Treasury) VA (Department of Veterans Affairs)	$43,021,994	7.1%	Rank history: #3 in FY2021, #3 in FY2022 and #2 in FY2024; down 1 since FY2022.
5	Marsh & Mclennan Companies Inc. Through Torrent Technologies, Inc. Top agencies DHS (Department of Homeland Security)	$39,148,584	6.5%	Rank history: #6 in FY2021, #5 in FY2022 and #6 in FY2024; unchanged since FY2022.
6	Serco North America (Holdings) Inc Through Serco Inc. Top agencies PBGC (Pension Benefit Guaranty Corporation)	$26,150,217	4.3%	Rank history: #5 in FY2021, #6 in FY2022 and not on the FY2024 list; unchanged since FY2022.
7	Serco Inc Top agencies PBGC (Pension Benefit Guaranty Corporation)	$20,462,917	3.4%	Rank history: not on the FY2021–FY2022 lists and #9 in FY2024; new.
8	Healthequity, Inc. Top agencies OPM (Office of Personnel Management) VA (Department of Veterans Affairs) Navy (Department of the Navy)	$16,027,287	2.7%	Rank history: #11 in FY2021, #8 in FY2022 and #7 in FY2024; unchanged since FY2022.
9	The SSI Group Inc Top agencies HHS (Department of Health and Human Services)	$7,239,139	1.2%	Rank history: #8 in FY2021, not on the FY2022 list and not on the FY2024 list; returned.
10	Horizon Strategies LLC Top agencies Army (Department of the Army)	$4,132,881	0.7%	Rank history: #17 in FY2021, #17 in FY2022 and #19 in FY2024; up 7 since FY2022.
11	Paragon Benefits, Inc. Top agencies Navy (Department of the Navy)	$3,496,400	0.6%	Rank history: #13 in FY2021, #11 in FY2022 and #11 in FY2024; unchanged since FY2022.
12	Palisade-Heritage JV LLC 2 awardees Top agencies VA (Department of Veterans Affairs)	$3,084,170	0.5%	Rank history: #30 in FY2021, #19 in FY2022 and #16 in FY2024; up 7 since FY2022.
13	International Medical Group Inc. Top agencies Peace Corps	$2,471,258	0.4%	Rank history: not on the FY2021 list, #9 in FY2022 and not on the FY2024 list; down 4 since FY2022.
14	Defense Collaboration Group LLC Top agencies Army (Department of the Army)	$1,848,347	0.3%	Rank history: not on the FY2021–FY2022 lists and #17 in FY2024; new.
15	Reli Group Inc Top agencies HHS (Department of Health and Human Services)	$1,822,538	0.3%	Rank history: not on the FY2021–FY2022 lists and not on the FY2024 list; new.
16	Palisade Strategies, LLC Top agencies VA (Department of Veterans Affairs)	$1,239,164	0.2%	Rank history: #22 in FY2021, #18 in FY2022 and #18 in FY2024; up 2 since FY2022.
17	Penser North America, Inc. Top agencies DOE (Department of Energy)	$978,262	0.2%	Rank history: #25 in FY2021, #24 in FY2022 and #22 in FY2024; up 7 since FY2022.
18	AON Consulting Inc. Through Paragon Strategic Solutions Inc. Top agencies Treasury (Department of the Treasury)	$904,104	0.1%	Rank history: #15 in FY2021, #15 in FY2022 and not on the FY2024 list; down 3 since FY2022.
19	Insurance Services Office Inc. Top agencies Treasury (Department of the Treasury)	$772,318	0.1%	Rank history: not on the FY2021–FY2022 lists and #21 in FY2024; new.
20	Seven Corners Inc. Top agencies DOS (Department of State)	$634,481	0.1%	Rank history: #18 in FY2021, #14 in FY2022 and #15 in FY2024; down 6 since FY2022.
21	Prosidian Consulting LLC Top agencies NSF (National Science Foundation)	$579,957	0.1%	Rank history: #29 in FY2021, #26 in FY2022 and #24 in FY2024; up 5 since FY2022.
22	Provider Resources Inc Top agencies HHS (Department of Health and Human Services)	$378,815	0.1%	Rank history: not on the FY2021–FY2022 lists and not on the FY2024 list; new.
23	Disabled Veterans Hawaii LLC Top agencies VA (Department of Veterans Affairs)	$356,902	0.1%	Rank history: #24 in FY2021, #30 in FY2022 and not on the FY2024 list; up 7 since FY2022.
24	Guidewell Mutual Holding Corporation Through Novitas Solutions, Inc. Top agencies HHS (Department of Health and Human Services)	$339,348	0.1%	Rank history: #20 in FY2021, #16 in FY2022 and not on the FY2024 list; down 8 since FY2022.
25	National Sourcing, Inc. Top agencies Army (Department of the Army)	$171,535	<0.1%	Rank history: #23 in FY2021, #25 in FY2022 and not on the FY2024 list; unchanged since FY2022.
26	BCG Pension Risk Consultants, Inc. Top agencies PBGC (Pension Benefit Guaranty Corporation)	$90,000	<0.1%	Rank history: not on the FY2021 list, #28 in FY2022 and not on the FY2024 list; up 2 since FY2022.
27	Employee Benefit Advisors, Inc. Top agencies Treasury (Department of the Treasury)	$10,897	<0.1%	Rank history: not on the FY2021 list, #31 in FY2022 and #31 in FY2024; up 4 since FY2022.
28	Automatic Data Processing, Inc. Top agencies Smithsonian (Smithsonian Institution)	$10,021	<0.1%	Rank history: #31 in FY2021, #32 in FY2022 and not on the FY2024 list; up 4 since FY2022.
29	Change Healthcare Technologies LLC Through Change Healthcare Operations, LLC Top agencies HHS (Department of Health and Human Services)	$5,628	<0.1%	Rank history: not on the FY2021–FY2022 lists and not on the FY2024 list; new.

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 $604 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 2023 ran Oct 1, 2022 – Sep 30, 2023. 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 FY2022. "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 FY2022 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.

Quick answers