Wavemark, Inc.

Wavemark, Inc., a subsidiary of Cardinal Health, Inc., delivers Radio Frequency Identification (RFID)-based healthcare supply chain management systems and maintenance services to the Department of Veterans Affairs as a full-and-open prime contractor, with 100% of its recent federal awards placed as prime (no subcontractor or sub-recipient activity). The company operates from Concord, Massachusetts, and competes without set-aside designations, reflecting its status as a large for-profit organization and original equipment manufacturer of proprietary inventory management technology.

Wavemark's federal portfolio concentrates entirely on VA healthcare customers across multiple regional Veterans Integrated Service Networks. The top five customer networks account for 76% of recent awards and 63% of combined potential value, led by VISN 10 (38 awards, $12.3 million combined potential value), VISN 19 (24 awards, $8.5 million), and VISN 21 (15 awards, $7.7 million). The VA Technology Acquisition Center ranks fourth in potential value ($5.5 million across four awards). Across the portfolio, Wavemark serves 14 distinct VA entities and has generated 120 total federal awards spanning 2012 through May 2026. The capability footprint centers on RFID smart cabinets, software licensing, hardware and software maintenance, technical support, and interfaces between Wavemark systems and VA logistics platforms (Defense Medical Logistics Standard Support and LogiCole). Representative contracts include a $2.3 million definitive contract awarded by VISN 23 in March 2023 for inventory management system services with hardware and software maintenance through March 2028; a $3.1 million purchase order from VISN 16 in October 2025 for license, maintenance, modules, interface maintenance, professional services, and support for RFID smart cabinets across five VA medical centers in Arkansas, Louisiana, and Mississippi; and a $1.3 million purchase order from VISN 20 in December 2023 for inventory management support and maintenance at Puget Sound, Boise, and Portland facilities extending through November 2028.

Wavemark's parent vehicle is a single-award Indefinite Delivery Contract with VISN 19 (contract 36C25918D0203) valued at $2.145 million, awarded May 2023 through May 2028, which generated 16 task orders totaling $2 million in combined potential value and serves as the primary vehicle for issuing delivery orders across the Northeast region. Additional IDCs with VISN 10 (36C25923D0018) and other VA entities generate task orders for equipment maintenance, cabinet delivery, and system support. Activity has remained relatively flat over the past five years—averaging eight to ten awards per year—with 11 awards (combined potential value $8.2 million) reaching ultimate completion inside the next twenty-four months and therefore exposed to recompete. The most recent award was issued May 18, 2026, a delivery order under the VISN 19 IDC for $429,064 covering maintenance and support through May 2028.

SCI-reported invoiced revenue on federal service contracts above the $150,000 threshold totaled $6.7 million across FY2023–FY2024 (FY2022 showed zero SCI invoicing), with FY2024 invoicing $3.6 million across 3.7 FTEs. This represents a partial and bounded view of Wavemark's federal services activity and excludes goods, products, and non-federal revenue. On federal services contracts captured in SCI, government-paid hourly rates ranged from a 10th percentile of $381/hr to a median of $579/hr and a 90th percentile of $814/hr. Across SCI-reportable prime contracts, Wavemark performed 100% of contractor hours in-house with no subcontractor engagement, consistent with its positioning as an original equipment manufacturer delivering proprietary technology and direct technical support. The vendor's NAICS concentration spans Surgical Appliance and Supplies Manufacturing (28 awards), Other Electronic and Precision Equipment Repair and Maintenance (26 awards), and Software Publishers (14 awards), with corresponding PSC concentration in medical equipment maintenance, medical and surgical instruments, and hospital equipment and supplies.