LateralCare Appoints New CEO, New Chief Technology Officer

Southlake-based healthcare tech company LateralCare has appointed William Reau as CEO and Mani Nedunchelian as CTO to support the continued growth of its AI-native revenue cycle platform.

Published on Feb. 11, 2026

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Southlake-based healthcare tech company LateralCare has appointed William Reau as CEO and Mani Nedunchelian as chief technology officer to support the continued growth of revenue alai, the company's AI-native platform for healthcare revenue cycle management. The appointments come as healthcare organizations look to stabilize revenue and reduce operational loads, driving demand for AI-native systems that work beyond task-level automation to provide autonomy, accountability, and measurable impact throughout the revenue cycle.

Why it matters

LateralCare's new leadership appointments aim to drive meaningful transformation in healthcare by scaling the company's AI-native strategy and delivering measurable financial and operational impact through its flagship revenue alai platform. As healthcare organizations seek to stabilize revenue and reduce operational burdens, LateralCare's focus on responsible AI, transparency, and human oversight could provide a valuable solution.

The details

William Reau, with over 25 years of experience in healthcare operations, SaaS platforms, and private equity-backed growth, will serve as CEO. He has led organizations through significant growth and enterprise adoption, including senior roles at healthcare tech companies. Mani Nedunchelian, an expert in designing and deploying intelligent systems at enterprise scale, will take on the role of CTO. He has held senior technology leadership positions at companies like Walmart, Hewlett-Packard, and JPMorgan Chase & Co., and has been at the forefront of the transition from traditional automation to agentic AI.

  • LateralCare appointed William Reau as CEO and Mani Nedunchelian as CTO on February 12, 2026.

The players

William Reau

The new CEO of LateralCare, with over 25 years of experience in healthcare operations, SaaS platforms, and private equity-backed growth. He has led organizations through significant growth and enterprise adoption, including senior roles at healthcare tech companies.

Mani Nedunchelian

The new CTO of LateralCare, with deep expertise in designing and deploying intelligent systems at enterprise scale. He has held senior technology leadership positions at companies like Walmart, Hewlett-Packard, and JPMorgan Chase & Co., and has been at the forefront of the transition from traditional automation to agentic AI.

Sowri Krishnan

The founder of LateralCare, who stated that William Reau and Mani Nedunchelian bring the rare combination of operational rigor, clinical understanding, and deep AI systems leadership required to drive meaningful transformation in healthcare.

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What they’re saying

“William and Mani bring the rare combination of operational rigor, clinical understanding, and deep AI systems leadership required to drive meaningful transformation in healthcare. As we scale revenue alai, their leadership strengthens our ability to deliver measurable impact for healthcare organizations—while staying firmly grounded in our commitment to responsible AI, transparency, and human oversight.”

— Sowri Krishnan, Founder, LateralCare (Dallas Innovates)

The takeaway

LateralCare's new leadership appointments aim to drive meaningful transformation in healthcare by scaling the company's AI-native strategy and delivering measurable financial and operational impact through its flagship revenue alai platform, as healthcare organizations seek solutions to stabilize revenue and reduce operational burdens.