Index Analytics LLC

Index Analytics LLC, a minority-owned small disadvantaged business and SBA 8(a) Program participant based in Windsor Mill, Maryland, delivers healthcare IT solutions, data analytics, and program management services to federal health agencies as a prime contractor (91% of recent awards), with a secondary subcontractor footprint under larger integrators. The company operates across three OASIS+ indefinite-delivery vehicles, a $500 million CMS Data Analytics Supporting Healthcare blanket purchase agreement, and the GSA Multiple Award Schedule, positioning it to compete for integrated professional services across federal civilian agencies.

Index Analytics' customer concentration is extreme and singular: the Centers for Medicare and Medicaid Services accounts for 43 awards (95% of award count and 43 awards, $3.68 billion combined potential value) across healthcare IT modernization, program integrity, payment analytics, and enterprise operations initiatives. The Food and Drug Administration represents the second-largest customer with 10 awards ($9.7 million combined potential value) for adverse-event diagnostics and maintenance support. The GSA Federal Acquisition Service and the National Institutes of Health NITAAC office anchor potential-value rankings through OASIS+ and CIO-SP3 SB positions, but these are vehicle holdings rather than task-order activity. CMS's dominance reflects Index Analytics' strategic focus on Medicare and Medicaid IT delivery—the company has executed more than $600 million in total ceiling value across CMS programs since 2013.

Recent representative prime work includes a $95.9 million delivery order (August 2025, CMS, GSA MAS) for comprehensive IT support to the Center for Medicaid and CHIP Services spanning design, development, and implementation of multiple Medicaid systems; a $57.2 million Data Analytics Supporting Healthcare BPA call (February 2026, CMS) for data analytics and technical assistance through November 2029; and a $67.2 million delivery order (March 2025, CMS, GSA MAS, time and materials) for No Surprises Act provider enforcement and transparency initiatives. Index Analytics holds a $500 million DASH BPA single-award vehicle with CMS running through February 2027 and has executed multiple call orders under it, including a $40.6 million QPP Analytics & Reporting call and a $51.2 million One Program Integrity platform-operations order. The company also holds positions on three OASIS+ contracts awarded in late 2024—OASIS+ 8(a) Competitive, OASIS+ Total Small Business, and OASIS+ Unrestricted—each with five-year performance periods through 2029 or 2030. These vehicles enable Index Analytics to deliver integrated services across management advisory, technical engineering, research and development, and intelligence services domains government-wide.

Activity has grown significantly year over year from 8 awards in 2022 to 15 in 2024, before declining to 9 in 2025 and 2 in 2026 (year-to-date through May). Ten awards carrying combined potential value of $123.6 million face ultimate completion within the next twenty-four months, exposing the vendor to substantial recompete risk. On the SCI-reportable prime service-contract portfolio, Index Analytics invoiced $120.2 million across FY2022–FY2024, with growth from $20.1 million (96.7 FTEs) in FY2022 to $61.9 million (247 FTEs) in FY2024. Median government-paid rates on prime SCI work ran around $113.21/hr, with senior labor reaching $207.78/hr at the 90th percentile; GSA Schedule labor categories span $63.38–$323.67/hr across business analysts, data architects, data scientists, and HIT program managers at bachelor's through PhD levels, with no security-cleared roles offered.

Index Analytics operates a teaming model anchored on its own delivery staff but supplemented by subcontractors: across SCI-reportable prime contracts, the vendor subcontracted approximately 26% of total contractor hours to 85 named subcontractors, including Aurotech, DCCA, ManTech, and Emmes on healthcare IT and data analytics work. The company also serves as a subcontractor to larger integrators—recent sub awards include work for General Dynamics Information Technology (premium stabilization and marketplace operations support, February 2025), Cognosante MVH LLC (enrollment resolution and form 1095-A data reporting, January 2025), and KPMG LLP (No Surprises Act provider enforcement document review, April 2024). The corporate structure includes two named subsidiaries: Innovative Federal Solutions LLC (minority-owned, Subcontinent Asian American-owned) and Health IT Division LLC, which carry capability framing around federal solutions and healthcare IT specialization respectively.

The $93.79 billion combined potential value across all 66 awards is heavily weighted by OASIS+ and CIO-SP3 SB vehicle ceilings ($50.09 billion and $40 billion, respectively) that carry placeholder ceiling structures; removing those placeholders, Index Analytics' task-order activity centers on CMS DASH, GSA MAS, and 8(a) STARS III work with realized or near-realized ceilings exceeding $3.7 billion. CMS awards dominate the executable pipeline, with 30 delivery orders and BPA calls under GSA MAS (combined potential value $1.62 billion), 5 calls under the DASH BPA (combined potential value $173.4 million), and 9 task orders under 8(a) STARS III (combined potential value $32 million).

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.