NextGen Healthcare, Inc.
NextGen Healthcare, Inc. is an American healthcare technology company that provides cloud-based electronic health record (EHR) and practice management (PM) software solutions, alongside a suite of other software, services, and analytics, primarily for ambulatory and specialty medical practices. The company's mission is to deliver purpose-built solutions that simplify the business of ambulatory care, addressing the evolving needs of diverse practices. Headquartered in Atlanta, Georgia, NextGen Healthcare moved its corporate base from Irvine, California, in 2021.
NextGen Healthcare's product portfolio includes the NextGen Enterprise Ambulatory EHR, NextGen Practice Management, NextGen Patient Portal, and various data and analytics tools. They also offer services such as Revenue Cycle Management (RCM), EDI Services, and NextGuard Data Protection. The company supports over 10,000 medical groups and 75,000 locations nationwide, catering to more than 40 clinical specialties. Recent innovations include AI-powered solutions like NextGen Ambient Assist and NextGen Navigator, designed to enhance efficiency and reduce administrative burden.
In November 2023, NextGen Healthcare was acquired by private equity firm Thoma Bravo for $1.8 billion, transitioning from a publicly traded company on NASDAQ (formerly NXGN) to privately held. Subsequently, in June 2025, Madison Dearborn Partners acquired a significant ownership stake alongside Thoma Bravo, with plans to increase investment in research and development. Srinivas (Sri) Velamoor assumed the role of President and Chief Executive Officer in June 2025, succeeding David Sides. The company underwent a brand refresh in April 2026, signaling its continued focus on leveraging AI and intelligent automation to streamline healthcare operations.
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