Fmas Corporation

Fmas Corporation, doing business as F M A S, is a for-profit Subchapter S corporation based in Bethesda, Maryland, that provides medical records review, consulting services, and administrative tort claim analysis to federal health and justice agencies as a pure prime contractor (100% of awards), competing in full-and-open procurements without set-aside designations.

Fmas operates across two distinct capability streams grounded in medical and legal consulting. The first and larger stream—medical records review and quality assurance consulting—serves the Department of Health and Human Services Office of the Inspector General on oversight studies related to adverse events, patient safety, nursing home discharges, Medicare low-value services, and hospital inpatient billing. The second stream, outside tort claim review, is delivered to the Department of Justice Bureau of Prisons and HHS central offices. Representative work includes a $7.2 million delivery order awarded December 1, 2022 by HHS OIG under the GSA Multiple Award Schedule for consulting services and medical records reviews (running through November 30, 2027), a single-award Blanket Purchase Agreement with HHS OIG for outside tort claim review with a $173,175.64 ceiling (October 1, 2024 to September 30, 2029), and a $7,062 purchase order from HHS dated September 18, 2026 for review of medical care administrative tort claim cases with performance completion by December 1, 2026.

Customer concentration is pronounced. The top three funding entities—HHS OIG (16 awards, $14.8 million combined potential value), HHS Office of the Assistant Secretary for Administration (16 awards, $5.4 million), and the Department of Justice Bureau of Prisons Central Office (21 awards, $648 thousand)—represent 74% of recent awards and together anchor nearly 97% of combined potential value. This concentration reflects Fmas's specialization in healthcare compliance and tort management rather than broad federal IT or general consulting. Fmas holds positions on the GSA Multiple Award Schedule (16 task orders, $16.3 million combined potential value), the Federal Supply Schedule GS35F0687R (16 task orders, $4.3 million), and a Basic Ordering Agreement with the Department of Justice Bureau of Prisons (15 task orders, $49 thousand). The top NAICS categories are Administrative Management and General Management Consulting Services (39 awards) and Other Computer Related Services (17 awards), with Medical-Medical/Psychiatric Consultation accounting for 18 awards by PSC code.

Activity has been sparse in recent years—one award per year in 2020 and 2021, one in 2022, two in 2024, and one in 2026—indicating a stable but narrow customer base without growth trajectory. Two awards (combined potential value $7.2 million) face ultimate completion within the next twenty-four months and will require recompete. Service Contract Inventory data, which captures federal service contracts above the $150,000 threshold, shows six SCI-reportable prime records totaling $97 thousand in invoiced revenue across FY2022–FY2023, with roughly 0.1 FTEs delivered in those years and median government-paid rates around $175.84 per hour. This minimal SCI footprint reflects that Fmas's larger awards (including the $7.2 million HHS OIG delivery order) either sit below the SCI reporting threshold or are invoiced in years beyond the SCI dataset window. Fmas operates as a solo prime without named subcontractors across its award portfolio, delivering all labor directly rather than managing subcontract teams.

Conduct Medical Record Review and Medical Peer Review.