Srinivas Velamoor
President & Chief Operating Officer
Los Angeles, California, United States
Professional Overview
Srinivas Velamoor is a seasoned healthcare technology executive with over 20 years of experience driving strategic growth and operational excellence. As the President & Chief Operating Officer of NextGen Healthcare, he is responsible for overseeing the company's day-to-day operations, spearheading innovative initiatives, and propelling the organization's expansion in the evolving healthcare IT landscape.
Experience Summary
Current Role
As the President & Chief Operating Officer of NextGen Healthcare, Srinivas is accountable for the company's operational and financial performance. He provides strategic direction, leads cross-functional teams, and ensures the efficient delivery of NextGen's comprehensive suite of healthcare technology solutions. Under his leadership, the company has achieved significant milestones, including a 15% increase in revenue and the successful implementation of a transformative digital transformation strategy.
Prior to his current role, Srinivas served as the Chief Growth & Strategy Officer and Executive Vice President at NextGen Healthcare, where he was instrumental in shaping the company's long-term vision and driving its market expansion. He played a pivotal role in identifying and integrating strategic acquisitions, which have enabled NextGen to broaden its product offerings and reach new customer segments.
Career Progression
Srinivas' extensive consulting experience includes roles as a Partner at McKinsey & Company, where he advised leading healthcare and technology organizations on growth strategies, operational optimization, and digital transformation initiatives. He also held positions as a Principal at PwC and a Partner and Vice-President at Diamond Management & Technology Consultants, where he successfully delivered complex, large-scale projects for clients across various industries.
Earlier in his career, Srinivas served as the Director of Web Services at New Vine Logistics and the Director of Operations at Pacific Analyst, where he honed his expertise in operational management, technology integration, and data-driven decision-making.
Academic Background
Srinivas holds a Bachelor's degree in Computer Science from the prestigious Indian Institute of Technology (IIT) and a Master's degree in Business Administration from the University of California, Los Angeles (UCLA) Anderson School of Management.
Areas of Expertise
- Healthcare technology strategy and implementation
- Mergers, acquisitions, and post-merger integration
- Digital transformation and operational optimization
- Driving innovation and fostering a culture of continuous improvement
- Cross-functional leadership and team management
Professional Impact
Under Srinivas' guidance, NextGen Healthcare has consistently outperformed industry benchmarks, achieving double-digit revenue growth and expanding its customer base across the United States. He has been recognized as a thought leader in the healthcare IT sector, speaking at industry conferences and contributing to publications on topics such as value-based care, data analytics, and patient engagement.
Conclusion
Srinivas Velamoor's deep industry knowledge, strategic acumen, and proven track record of driving operational excellence make him a valuable asset to NextGen Healthcare. As the President & Chief Operating Officer, he is poised to lead the company's continued growth and solidify its position as a leading provider of comprehensive healthcare technology solutions.