Srinivas (Sri) Velamoor Steps into CEO Role as Part of Planned Leadership Succession
NextGen Healthcare, a leading provider of innovative, cloud-based healthcare technology solutions, reported the successful completion of its planned CEO transition.
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“It is a privilege to be entrusted with the leadership of our global team,” said Srinivas Velamoor, president and chief executive officer, NextGen Healthcare.
Srinivas (Sri) Velamoor, formerly president and chief operating officer, has assumed the role of president and chief executive officer as part of the leadership transition first announced in June 2025 when Madison Dearborn Partners acquired a significant ownership position in the company alongside Thoma Bravo. David Sides, the former CEO, will continue to serve on the NextGen Healthcare board as a director and will remain a material investor in the company.
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“I’m grateful for my time as CEO, and excited for what’s ahead under Sri’s leadership,” said David Sides. “As a director and investor, I look forward to continuing to support NextGen Healthcare’s mission and long-term success.”
This leadership transition comes ahead of the healthtech company’s annual User Group Meeting, which will draw ambulatory healthcare professionals from around the country to Nashville, Tennessee, from November 2-5. Themed “Where Innovation Meets Impact,” UGM 25 will offer attendees a view into NextGen Healthcare’s vision for the AI-enabled EHR and Practice Management platforms of the future and showcase the impact of its integrated solutions portfolio.
Attendees will have the opportunity to choose from over 125 breakout sessions focused on sharing pragmatic solutions and approaches to accelerate practice growth and efficiency, elevate clinician experience and productivity, automate revenue cycle management, improve interoperability, unlock insights at the point of care and simplify the patient journey.
“I want to thank David for his leadership over the last several years and look forward to continuing to work with him on the Board. It is a privilege to be entrusted with the leadership of our global team,” said Srinivas Velamoor, president and chief executive officer, NextGen Healthcare. “We are energized and ready to take the next step to revolutionize the provider and patient experience, and partner with our clients to elevate their performance. I am looking forward to seeing our clients at our upcoming User Group Meeting and sharing more of our vision.”
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Source – businesswire
