Back to News

HealthComp Appoints Sanoj Balakrishnan as CTO

HealthComp, the largest independent health benefits administrator in the country, today announced the appointment of Sanoj Balakrishnan to the position of Chief Technology Officer (CTO). In this role, Balakrishnan will oversee the company’s overall technology strategy, ensuring that it will support the company’s objectives for growth and to serve a greater number of brokers and their mid- to large-sized employer groups across the country.

“We’re thrilled to welcome a technologist of Sanoj’s caliber to our executive team,” said Jose Rivero, CEO of HealthComp. “He has a powerhouse combination of leadership skills and technology expertise. His entrepreneurial and innovative mindset makes him a natural fit with our business and our vision. For the past 15 years, he’s led digital transformation projects for Fortune 500 companies in healthcare and other industries. Through his tenure in healthcare, he’s leveraged technology to drive growth, increase member engagement, better manage rising costs, and foster a superior experience for health plan members.”

“I’m excited to join HealthComp, as the company is poised for growth and expansion,” said Sanoj Balakrishnan. “To accommodate this trajectory, I want to ensure our architecture is scalable, digitally optimized, and interoperable across our locations and with our various healthcare partners. We want to fully leverage analytics and AI to provide employer groups with the insights they need to truly impact employee health and wellness – which in turn helps reduce healthcare spending.”

Prior to coming to HealthComp, Balakrishnan served as head of digital business and technology for the healthcare practice at Cognizant. “I helped launch and build their healthcare practice. We went from a startup to a multibillion-dollar practice,” noted Balakrishnan.

Prior to that, Balakrishnan worked in Cognizant’s financial services division. “When I made the switch to healthcare, I saw tremendous potential for technology to impact costs, efficiency, and member experience. Healthcare has traditionally lagged behind in adopting technology because it’s such a complex environment with multiple stakeholders and various regulatory issues. But I view these challenges as opportunities to provide additional value.”

With continued increases in healthcare costs, health benefits administration has become a fast-growing industry. Many brokers and benefit advisers are helping employer groups to make the shift from fully-insured to self-insured health plans, which utilize a third-party administrator (TPA) to help them save costs – as well as handling claims, care management, and member engagement.

“In this market, HealthComp has emerged as a leader. It has built a highly effective model that utilizes technology and care management programs to actually lower the healthcare cost trend for customers. It’s a nimble organization that acts quickly, and our technology strategy must be agile enough to adapt to changing conditions. We’ll be working to build a collaborative platform so we can serve as the center of the health benefits ecosystem. This will allow us to work closely with our customers, members, and partners to further reduce costs and improve outcomes.”

Earlier in his career, Balakrishnan worked at Keane Consulting (now NTT) and other technology organizations in a variety of software engineering and architecture roles. He has deep knowledge of cloud technology, digital transformation, and intelligent automation, and he’s built, led and inspired strong technology teams.

Chad Harris

Chief Executive Officer


Chad Harris serves as the CEO of HealthComp and is a value-driven healthcare leader with over twenty years of experience running business process and information technology businesses as a senior executive. Chad has a reputation for creating and controlling rapid growth by focusing on the intersection of customers, market dynamics, and the new digital world.


Chad has held many senior executive positions and led global teams of more than 10,000 people across dozens of counties. Chad has grown both large and small businesses, from those with less than $100M of revenue to those producing multiple billions of revenue, focusing on delivery, customer satisfaction, and innovation to create market leadership.


Chad's philosophy is to inspire change by doing what comes naturally, putting the needs of others before his own, working incredibly hard, and focusing on "how" to accomplish things, never "if they can be accomplished."

Thomas Martel

Chief Growth Officer


Tom serves as the Chief Growth Officer at HealthComp. In this role, Tom focuses on strategic initiatives aimed at accelerating HealthComp’s growth nationwide. His passion lies in assessing market and enterprise structures and creating efficiencies that enable teams to deliver best-in-class performance.


Previously, Tom led Cigna’s largest employer segment, largest region which was comprised of several health plans including the two largest health plans. He worked closely with Market Presidents and their leadership teams to develop and execute local market strategy and deliver growth for the enterprise. Tom earned his degree from Saint Anselm College and holds certifications from The Wharton School and the Darden School of Business at the University of Virginia. In his spare time, he enjoys sailing and holds a Master Captain’s license with the U.S. Coast Guard. He is also active in community outreach programs including local food bank and shelter services.

Sanoj Balakrishnan

Chief Technology Officer


Sanoj Balakrishnan serves as the Chief Technology Officer at HealthComp. In this role, he oversees the company’s overall technology strategy and architecture, building secure and highly scalable distributed systems.


Most recently, Sanoj served as Head of Healthcare Digital Business and Technology at Cognizant, working with payers and providers in developing solutions that reduced healthcare costs and provided a best-in-class experience for members. Earlier in his career, he worked at technology organizations in a variety of software engineering and architecture roles. Sanoj earned his B.S. from University of Mumbai and Computer Systems Management from National Institute of Information Technology.

Justin Tran

Executive Vice President, Product


Justin serves as the Executive Vice President of Product at HealthComp. He has 8 years of experience in developing and delivering solutions that reduce health care costs, improve quality, and provide a best-in-class experience for members. Most recently, Justin was an Associate Partner and business unit leader at McKinsey & Company where he helped large carriers and healthcare technology companies build new clinical services and solutions for fraud, waste, and abuse. Justin earned his B.S. in Accounting and Data Informatics from Indiana University, Bloomington.

Tucker Stein

Chief Financial Officer


Tucker serves as the Chief Financial Officer of HealthComp. Tucker previously worked for The Boeing Company in a number of finance and strategy roles, most recently as a finance lead for the Transactions and New Business Development group. In this role, Tucker led investments and strategic partnerships for Boeing’s Space and Communications portfolio. Tucker earned his MBA at Stanford’s Graduate School of Business and his Bachelors of Science at the University of Redlands.

Tom Georgouses

General Counsel


Tom is involved in multiple areas of HealthComp including Operations, Compliance and Legal Affairs. Tom was admitted to the California Bar in 1990 and started his legal career with Stammer, McKnight, Barnum and Bailey, LLP. When he left the firm to join HealthComp in 2014, he was the Managing Partner (he had represented HealthComp since 2003). In private practice, Tom’s areas of focus included healthcare and transactional work. Tom holds a Bachelor of Science Degree in Business Administration-Finance from California State University Fresno and received his Juris Doctorate from San Joaquin College of Law.

Rishab Bansal

Chief Transformation & Operations Officer


Rishab serves as the Chief Transformation & Operating Officer at HealthComp. Rishab focuses on transforming and modernizing HealthComp’s operations to provide delightful and distinctive experiences to its members, providers, and clients. His agenda includes integrating all entities towards a One HealthComp vision, driving profitable growth, and delivering value and business outcomes.


In his former work over the last 2 decades, he has helped clients across industries to transform themselves by bringing industry-leading practices and digital and data-led disruption. As the trusted advisor to the C-suite, Rishab helped his clients leapfrog on their transformation journey to accelerate business outcomes and helped them unlock new opportunities to drive profitable growth, profitability, and enhanced experience for their employees and clients.

Elaine Davis

Chief Human Resources Officer


Elaine Davis serves as CHRO for HealthComp. Elaine previously served as CHRO for Continuum Global Solutions and has served in executive leadership positions for Xerox and GlaxoSmithKline. Elaine holds Bachelor’s and Master’s degrees from the University of California at Berkeley.