With the health IT industry booming, GSA is expected to release a new IT Schedule 70 Health IT SIN. This SIN will provide a variety of solutions to government buyers and contractors need to be ready to take advantage of this lucrative market.
Our experts have explored the future of health IT with this new SIN in an informative webinar, covered some of the solutions the new Health IT SIN will be providing and even discussed how this new SIN is shaking up the $60 billion GSA Oasis contract.
There’s a few things that have been made abundantly clear, including the fact that, by the implementation of this SIN, GSA is fulfilling a major demand. This means that there is a lot of opportunity to increase government sales for Health IT companies and new ways for contractors to succeed in the federal marketplace.
In short, the buzz around the Health IT SIN is that there will be major benefits associated with its acquisition. Let’s break some of these potential benefits down:
1. Expansion Within a Niche Market:
Schedule 70 is the largest and most widely used acquisition vehicle in the federal government. The new SIN will enable contractors to further expand their federal opportunities within the health IT sector.
2. New Opportunities Within eBuy:
All awarded contractors receive notifications for awarded SINs, but this SIN will allow you receive notifications for any opportunities related specifically to Health IT within eBuy.
3. A Broad Scope of Categories for Government Selling:
As of now, GSA is keeping the scope of the SIN broad to include hardware, software, and services that relate to enhancing healthcare access and quality.
4. Small Business Advantage:
Small businesses will do well under this SIN – all U.S. Federal agencies have a goal to allocate 23% of their prime contracting dollars to small businesses. Small-business awards in Health IT have typically exceeded the federal agencies’ goal of 23%.
5. The Prediction of a Big Market:
Federal Health IT spending obligations were $7.5 billion in fiscal year 2015, which means that there is a big market for Health IT.
If you want to stay up to date on the Schedule 70 Health IT SIN or learn more about how Winvale can help you acquire this SIN, please contact us at sales@winvale.com or call (202) 534-1732.
