NextGen Healthcare announced key executive promotion that will support the organization's long-term strategic growth. Effective immediately, Srinivas (Sri) Velamoor has been promoted to president and chief operating officer. David Sides remains chief executive officer.

In his new role, Velamoor will lead product, technology, strategy, M&A and business development, as well as Revenue Cycle and EDI managed services. Velamoor joined NextGen Healthcare in 2021 as chief growth and strategy officer and executive vice president, bringing more than two decades of experience driving growth and performance at global healthcare, financial services and technology organizations. He served for 10 years as partner and health sector leader for McKinsey & Company?s North America digital and analytics and ?Leap?

business-building practices. Prior to McKinsey, Velamoor was a partner at both PricewaterhouseCoopers and Diamond Management & Technology Consultants and held operating leadership roles in other growth stage companies and start-ups.