Index Analytics LLC

Index Analytics LLC, a minority-owned SBA 8(a) small disadvantaged business based in Windsor Mill, Maryland, delivers healthcare IT solutions, data analytics, program management, and technical support services to federal health agencies as a prime contractor (89% of recent awards) and subcontractor, competing predominantly under set-aside vehicles including HUBZone, 8(a) Competitive, 8(a) Sole Source, and Total Small Business designations across its CMS-anchored portfolio.

Index Analytics maintains two subsidiaries: Innovative Federal Solutions LLC (minority-owned, Subcontinent Asian American-owned) and Health IT Division LLC. The vendor's customer concentration is heavily skewed toward healthcare agencies — the Centers for Medicare and Medicaid Services accounts for 45 awards worth $3.71 billion in combined potential value, while the Food and Drug Administration holds 11 awards totaling $10.9 million. However, three recently awarded IDIQs (OASIS+ 8(a), OASIS+ Total Small Business, and OASIS+ Unrestricted, each with placeholder ceilings) and a NASA SEWP VI GWAC seat ($20 billion ceiling, awarded November 2026) represent $110 billion in combined potential value and signal expansion into civilian IT procurement government-wide. GSA Federal Acquisition Service ranks second by potential value at $50.09 billion across six awards, and NIH NITAAC ranks third at $40 billion across two awards.

CMS work anchors the operational footprint. Index Analytics holds a $500 million Data Analytics Supporting Healthcare (DASH) single-award BPA (through February 2027, Total Small Business set-aside) and has executed multiple call orders under it, including a $59.8 million February 2026 call for data analytics and technical assistance (through November 2029), a $40.6 million January 2025 call for Quality Payment Program analytics and reporting (8.4 FTEs invoiced $4.5 million in FY2025), and a $64.2 million March 2024 call for One Program Integrity platform operations (13.7 million invoiced in FY2025 across 48 FTEs, with 50% subcontracted). Beyond DASH, Index Analytics operates as prime on a $104.4 million August 2025 delivery order for comprehensive IT support to CMS's Center for Medicaid and CHIP Services under GSA Multiple Award Schedule ($1.8 million invoiced in FY2025, 1.5 FTEs), a $67.2 million March 2025 order for No Surprises Act provider enforcement and transparency, and a $43.3 million July 2023 order for Business Intelligence and Innovative Technology supporting CMS operations ($18.5 million total invoiced FY2023–2025, 37.8 FTEs in FY2025, with 49% subcontracted to eight vendors). Index Analytics also delivers healthcare program integrity and analytics across multiple vehicles: a $41.7 million September 2022 GSA MAS order for Open Payments program integrity (77,079 contractor hours in FY2025, $116.19/hr blended rate, 45% subcontracted to three vendors), a $29.8 million May 2023 GSA MAS order for Federally Facilitated Marketplace agent and broker support (26.4 FTEs and 54,886 hours in FY2025, 41% subcontracted), and a $19.8 million September 2024 order for Comparative Billing Reports and Program Integrity analytics (12.1 FTEs and 25,216 hours in FY2025, 25% subcontracted to two vendors). Smaller FDA work includes a $1.2 million September 2026 HUBZone delivery order under CIO-SP3 SB GWAC for MedDRA-based adverse event diagnostics annual support and multiple prior orders ($1.1 million and $1.3 million prior ceilings) for similar work under 8(a) STARS III.

Index Analytics operates on three OASIS+ IDIQs awarded December 2024 and April 2025 under the General Services Administration Federal Acquisition Service (Competitive 8(a), Total Small Business, and Unrestricted tracks; each through 2029–2030) and the NASA SEWP VI $20 billion multiple-award GWAC (through October 2036). The vendor also holds an 8(a) STARS III seat and executes task orders there (9 orders totaling $32.5 million in combined potential value), including a $14.7 million July 2025 order for CMS Office of Hearings Case and Document Management System operations and maintenance (2.6 FTEs, $97.25/hr, 14% subcontracted in FY2025) and a $5.5 million July 2025 order for Data and Systems Group design and development (8(a) Sole Source). GSA Multiple Award Schedule serves as the primary vehicle platform: 32 task orders carry $1.65 billion combined potential value.

SCI-reportable federal services invoicing has grown from $20.1 million in FY2022 to $93.1 million in FY2025 across a ramping workforce of 106 FTEs (FY2022) to 242 FTEs (FY2025). On prime contracts, Index Analytics derives a median government-paid hourly rate of $118.83, with 10th-percentile labor priced at $51.63/hr and 90th-percentile at $208.31/hr. Across SCI-reportable prime contracts, Index Analytics subcontracts an average of 26% of contractor hours to 132 named subcontractors, including Aurotech, DCCA, ManTech, The Emmes Company, Cognosante MVH, General Dynamics Information Technology, KPMG, and Alpine Technology Group. The vendor's GSA Schedule labor portfolio spans 116 categories ranging from $65.54/hr (IT Administrative Analyst I with Associate degree) to $334.68/hr (HIT PhD Statistician), with no security-cleared roles offered; representative mid-tier categories include Business Analyst III at $134.28/hr and Data Architect IV at $179.20/hr.

Recompete exposure stands at eleven awards worth $235 million in combined potential value completing within the next twenty-four months. Award activity peaked in 2024 (15 awards) and shows mixed velocity thereafter (9 in 2025, 4 in 2026 year-to-date). The vendor competes across custom computer programming services (34 awards), computer systems design services (17 awards), and administrative and management consulting (8 awards), with task-order labor concentrating in IT and telecommunications business application development support (20 awards) and IT management support services (5 awards).

Index Analytics LLC, based out of Baltimore, MD, is an established 8(a) and HUBZone small disadvantaged business. Since 2012, we have worked exclusively in the federal domain and supported multiple enterprise-wide analytics, data visualization, data strategy and data management initiatives. Our award winning Business Intelligence (BI) and data integration solutions support decision makers and stakeholders in the pursuit of their mission objectives. We perform data strategy and maturity assessments to ensure that the federal agency's data assets are providing the expected ROI and the data initiatives are aligned with the business needs. We provide data integration services including data architecture; Master Data Management (MDM); data quality; security; data warehousing; Extract, Transform and Load (ETL). We develop cutting-edge applications using cloud based Salesforce Customer Relationship Management (CRM) tools like Wave Analytics, Community Builder, and Lightning App Builder.