CompBrief BY VELARION

Companies Nextgen Healthcare

Nextgen Healthcare (NXGN): executive pay, fiscal 2023

Free brief. Every figure links to the company’s own filing.

Nextgen Healthcare no longer files a proxy statement; its last pay data is FY2023.

All products and prices

CEO total pay$7,895,821CEO David Sides · source
Say-on-pay support93.68%Latest vote · source
CEO vs. named peers23rd pct.Of 14 peer CEOs
CEO pay ratio249:1To the median employee · source

CEO pay, last three years

  • $15,740,135FY2022
  • $7,895,821FY2023

CEO total pay was $7,895,821 in fiscal 2023, down from $15,740,135 in fiscal 2022.

FY2023: salary $709,009 · bonus $0 · stock awards $6,598,170 · option awards $0

Frequently asked questions

Who was the highest-paid executive at Nextgen Healthcare in fiscal 2023?
As disclosed, David Sides (President and Chief Executive Officer) was the highest-paid executive at Nextgen Healthcare in fiscal 2023, with total compensation of $7,895,821.
How does Nextgen Healthcare's chief executive pay compare to its disclosed peer group?
As disclosed, David Sides's total compensation ranked at the 23rd percentile of Nextgen Healthcare's disclosed peer group.
What is Nextgen Healthcare's CEO-to-median employee pay ratio?
As disclosed, Nextgen Healthcare's CEO-to-median employee pay ratio was 249:1.
How did shareholders vote on Nextgen Healthcare's executive compensation?
As disclosed, 93.68% of shareholders supported Nextgen Healthcare's executive compensation in the latest say-on-pay vote.
How much does Nextgen Healthcare spend in total on board compensation for fiscal 2023?
As disclosed, Nextgen Healthcare reported total board compensation of $2,247,804 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
David Sides$709,009$0$6,598,170$0$548,766$0$39,876$7,895,821
President and Chief Executive Officer
James Arnold Jr.541,01102,707,6970334,987042,1893,625,884
Executive Vice President and Chief Financial Officer
Srinivas Velamoor525,00702,436,9330304,763020,0773,286,780
Executive Vice President and Chief Growth Officer
David Metcalfe503,57601,537,98900026,3282,067,893
Former Executive Vice President and Chief Technology Officer
Mitchell Waters403,00501,083,0850360,409014,5831,861,082
Executive Vice President of Commercial Growth
Jeffrey Linton406,0050974,7870219,971027,2931,628,056
Executive Vice President and General Counsel and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
David Sides$7,895,821$15,740,135—↓ −7,844,314
James Arnold Jr.3,625,8844,041,0003,303,295↓ −415,116
Srinivas Velamoor3,286,7806,857,174—↓ −3,570,394
David Metcalfe2,067,8932,655,6502,338,269↓ −587,757
Mitchell Waters1,861,0822,438,516—↓ −577,434
Jeffrey Linton1,628,0561,809,4441,559,836↓ −181,388

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation program is designed to align management's interests with those of stockholders, reward strong financial performance, and attract and retain effective executive leadership. A significant portion of NEO compensation is variable, at-risk, and tied directly to measurable performance goals, with a strong emphasis on long-term incentives and stockholder value creation.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jeffrey LintonRSU2022-10-28——23,006—$449,997
James Arnold Jr.RSU2022-10-28——63,906—1,250,001
Jeffrey LintonPSU2022-10-287,13723,007—48,315524,790
David SidesPSU2022-10-2857,092184,049—386,5034,198,158
David SidesRSU2022-10-28——122,700—2,400,012
Srinivas VelamoorPSU2022-10-2817,84157,516—120,7841,311,940
Srinivas VelamoorRSU2022-10-28——57,515—1,124,993
Mitchell WatersRSU2022-10-28——25,562—499,993
Mitchell WatersPSU2022-10-287,93025,563—53,682583,092
James Arnold Jr.PSU2022-10-2819,82463,906—134,2031,457,696
David MetcalfeRSU2022-10-28——36,299—710,008
David MetcalfePSU2022-10-2811,26036,299—76,228827,980

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jeffrey Linton$449,997$524,790$053.8%
James Arnold Jr.1,250,0011,457,696053.8%
David Sides2,400,0124,198,158063.6%
Srinivas Velamoor1,124,9931,311,940053.8%
Mitchell Waters499,993583,092053.8%
David Metcalfe710,008827,980053.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mitchell WatersRSU3,333—$58,028
Mitchell WatersRSU4,333—75,438
Mitchell WatersRSU6,100—106,201
Jeffrey LintonRSU6,768—117,831
James Arnold Jr.RSU6,881—119,798
Jeffrey LintonRSU7,428—129,321
Mitchell WatersRSU10,904—189,839
Jeffrey LintonPSU11,459—199,501
Jeffrey LintonRSU14,546—253,246
Mitchell WatersPSU18,461—321,406
James Arnold Jr.RSU18,800—327,308
James Arnold Jr.RSU20,000—348,200
Jeffrey LintonRSU23,006—400,534
Jeffrey LintonPSU23,007—400,552
Mitchell WatersRSU23,434—407,986
Mitchell WatersRSU25,562—445,034
Mitchell WatersPSU25,563—445,052
James Arnold Jr.PSU31,830—554,160
Jeffrey LintonPSU33,429—581,999
James Arnold Jr.RSU40,404—703,434
David SidesRSU48,666—847,275
Srinivas VelamoorRSU57,515—1,001,336
Srinivas VelamoorPSU57,516—1,001,354
James Arnold Jr.RSU63,906—1,112,603
James Arnold Jr.PSU63,906—1,112,603
David SidesPSU83,000—1,445,030
James Arnold Jr.PSU90,000—1,566,900
David SidesRSU113,000—1,967,330
David SidesRSU122,700—2,136,207
David SidesPSU184,049—3,204,293
Srinivas VelamoorRSU248,195—4,321,075
David SidesRSU314,000—5,466,740
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jeffrey H. MargolisIndependent$130,000$205,007$0$0$0$335,007
Craig A. BarbaroshIndependent · Compensation (Chair) · Nominating and Governance130,769165,004000295,773
George H. BristolIndependent · Audit (Chair)120,000165,004000285,004
Julie D. KlapsteinIndependent · Audit · Compensation107,500165,004000272,504
Morris PannerIndependent · Nominating and Governance (Chair)107,000165,004000272,004
Pamela PuryearIndependent · Audit100,000165,004000265,004
Geraldine McGintyIndependent · Compensation97,500165,004000262,504
Darnell DentIndependent · Nominating and Governance95,000165,004000260,004
David SidesEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$165,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 12,000
Stock ownership guideline$4

Total cost of the board

ComponentFY2023
Cash retainers and fees$887,769
Equity awards (grant-date value)$1,360,035
All other compensation$0
Total cost of the board$2,247,804

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Nextgen Healthcare as a peer

Companies that benchmark against NXGN

3 companies name NXGN as a compensation peer

Each company listed discloses NXGN in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NXGN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies Nextgen Healthcare names as compensation peers that name it back in their own disclosed peer groups.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1CommVault Systems, Inc.2026Sanjay Mirchandani$693,654$18,046,786$0$1,111,250$19,909,500
2Manhattan Associates Inc.2025Eric Clark710,00013,000,3280835,37516,697,528
3ACI Worldwide, Inc.2025Thomas Warsop III750,00013,204,02701,018,87514,999,961
4SPS Commerce, Inc.2025Chad Collins609,65810,789,7040011,410,244
5Allscripts Healthcare Solutions, Inc.2025Cary Grace1,060,0008,363,11701,146,12510,669,780
6Progress Software Corporation2025Yogesh Gupta649,0387,043,1271,800,010845,00010,534,808
7Pros Holdings2024Andres Reiner540,0008,108,9370392,0409,058,301
8Yext2026Michael Walrath482,3087,675,0000503,6088,693,973
9Benefitfocus2021Matthew Levin349,0387,464,3550278,7808,098,139
10Phreesia2026Chaim Indig515,0007,562,706008,077,706
11Nextgen Healthcare2023David Sides709,0096,598,1700548,7667,895,821
12Omnicell, Inc.2025Randall Lipps846,8915,219,57601,411,4857,531,852
13Blackbaud, Inc.2025Michael Gianoni800,0315,206,285006,022,250
14OneSpan2025Victor Limongelli600,0002,500,0210150,0003,627,046

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Nextgen Healthcarenot disclosedPSU 60 · RSU 40not disclosedFrederic W. Cook & Co., Inc.
ACI Worldwide, Inc.135.85%PSU 65 · RSU 35NoCompensia, Inc.
Allscripts Healthcare Solutions, Inc.87%not disclosedYes — Relative TSRFW Cook
Benefitfocus100.7%PSU 50 · RSU 50NoCompensia
Blackbaud, Inc.not disclosedRSA or RSU 50 · PRSU 50NoCompensia, Inc.
CommVault Systems, Inc.127%RSU 40 · MSU 30 · PSU 30Yes — Relative TSRCompensia, Inc.
Manhattan Associates Inc.118%RSU 50 · PSU 50NoWillis Towers Watson
Omnicell, Inc.133.3%RSU 50 · PSU 50NoExequity
OneSpan25%PSU 75 · RSU 25NoFrederic W. Cook & Co, Inc.
Phreesia140.3%PSU 50 · RSU 50Yes — Relative TSRFW Cook, Inc.
Progress Software Corporation130%PSU 50 · RSU 30 · Option 20Yes — Relative TSRPay Governance
Pros Holdings66%RSU 60 · MSU 40NoFW Cook
SPS Commerce, Inc.not disclosedRSU 50 · PSU 50Yes — relative TSR performance against the Russell 2000 IndexCompensia, Inc.
Yextnot disclosednot disclosednot disclosedCompensia

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-08-2251,359,2203,464,45154,22293.68%Passed
20222022-08-1750,082,1487,972,82246,62086.27%Passed
20212021-10-1316,702,17840,268,5871,871,67829.32%Failed
20202020-08-1853,630,6831,711,52189,60596.91%Passed
20192019-08-1550,074,9021,407,70259,95197.27%Passed
20182018-08-1450,709,301411,90334,57699.19%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20232023-08-2293.68%a
20222022-08-1786.27%b
20212021-10-1329.32%c

a. Approved under the standard stated in the filing — “Abstentions will have no effect on this proposal.”.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)249 : 1
CEO total compensation$16,076,528
Median employee compensation$64,514
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (49 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, David Sides. DEF 14A, filed 2023-07-27. Section “Summary Compensation Table for Fiscal Year Ended March 31, 2023” · page 41. As printed: 7,895,821. View filing ↗
  • Section 01, James Arnold Jr.. DEF 14A, filed 2023-07-27. Section “Summary Compensation Table for Fiscal Year Ended March 31, 2023” · page 41. As printed: 3,625,884. View filing ↗
  • Section 01, Srinivas Velamoor. DEF 14A, filed 2023-07-27. Section “Summary Compensation Table for Fiscal Year Ended March 31, 2023” · page 41. As printed: 3,286,780. View filing ↗
  • Section 01, David Metcalfe. DEF 14A, filed 2023-07-27. Section “Summary Compensation Table for Fiscal Year Ended March 31, 2023” · page 41. As printed: 2,067,893. View filing ↗
  • Section 01, Mitchell Waters. DEF 14A, filed 2023-07-27. Section “Summary Compensation Table for Fiscal Year Ended March 31, 2023” · page 41. As printed: 1,861,082. View filing ↗
  • Section 01, Jeffrey Linton. DEF 14A, filed 2023-07-27. Section “Summary Compensation Table for Fiscal Year Ended March 31, 2023” · page 41. As printed: 1,628,056. View filing ↗
  • Section 03, Jeffrey Linton RSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, James Arnold Jr. RSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, Jeffrey Linton PSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, David Sides PSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, David Sides RSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, Srinivas Velamoor PSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, Srinivas Velamoor RSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, Mitchell Waters RSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, Mitchell Waters PSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, James Arnold Jr. PSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, David Metcalfe RSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 03, David Metcalfe PSU. DEF 14A, filed 2023-07-27. Section “Grants of Plan-Based Awards for Fiscal Year Ended March 31, 2023” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2022-07-15. Section “CEO Pay Ratio”. As printed: 249 : 1. View filing ↗
  • Section 08, Jeffrey H. Margolis. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 335,007. View filing ↗
  • Section 08, Craig A. Barbarosh. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 295,773. View filing ↗
  • Section 08, George H. Bristol. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 285,004. View filing ↗
  • Section 08, Julie D. Klapstein. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 272,504. View filing ↗
  • Section 08, Morris Panner. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 272,004. View filing ↗
  • Section 08, Pamela Puryear. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 265,004. View filing ↗
  • Section 08, Geraldine McGinty. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 262,504. View filing ↗
  • Section 08, Darnell Dent. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 260,004. View filing ↗
  • Section 08, David Sides. DEF 14A, filed 2023-07-27. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-08-23. Item 5.07 · say-on-pay result. As reported: 93.68% (votes for as printed: 51,359,220). View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-08-18. Item 5.07 · say-on-pay result. As reported: 86.27% (votes for as printed: 50,082,148). View filing ↗
  • Section 06, 2021 vote. Form 8-K, filed 2021-10-19. Item 5.07 · say-on-pay result. As reported: 29.32% (votes for as printed: 16,702,178). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 887,769 + equity 1,360,035 + all other 0 = 2,247,804, summed across the director compensation table rows.
  • CommVault Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-06-24. CEO total compensation as printed in CommVault Systems, Inc.'s own proxy. As printed: 19,909,500. View filing ↗
  • Manhattan Associates Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Manhattan Associates Inc.'s own proxy. As printed: 16,697,528. View filing ↗
  • ACI Worldwide, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-20. CEO total compensation as printed in ACI Worldwide, Inc.'s own proxy. As printed: 14,999,961. View filing ↗
  • SPS Commerce, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-14. CEO total compensation as printed in SPS Commerce, Inc.'s own proxy. As printed: 11,410,244. View filing ↗
  • Allscripts Healthcare Solutions, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in Allscripts Healthcare Solutions, Inc.'s own proxy. As printed: 10,669,780. View filing ↗
  • Progress Software Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Progress Software Corporation's own proxy. As printed: 10,534,808. View filing ↗
  • Pros Holdings, Section 10b CEO total. DEF 14A, filed 2025-03-28. CEO total compensation as printed in Pros Holdings's own proxy. As printed: 9,058,301. View filing ↗
  • Yext, Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in Yext's own proxy. As printed: 8,693,973. View filing ↗
  • Benefitfocus, Section 10b CEO total. DEF 14A, filed 2022-05-09. CEO total compensation as printed in Benefitfocus's own proxy. As printed: 8,098,139. View filing ↗
  • Phreesia, Section 10b CEO total. DEF 14A, filed 2026-05-14. CEO total compensation as printed in Phreesia's own proxy. As printed: 8,077,706. View filing ↗
  • Nextgen Healthcare (subject), Section 10b CEO total. DEF 14A, filed 2023-07-27. CEO total compensation as printed in Nextgen Healthcare's own proxy. As printed: 7,895,821. View filing ↗
  • Omnicell, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-13. CEO total compensation as printed in Omnicell, Inc.'s own proxy. As printed: 7,531,852. View filing ↗
  • Blackbaud, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Blackbaud, Inc.'s own proxy. As printed: 6,022,250. View filing ↗
  • OneSpan, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in OneSpan's own proxy. As printed: 3,627,046. View filing ↗
  • Section 10a, Benefitfocus reciprocity. DEF 14A. Benefitfocus names Nextgen Healthcare in its own disclosed peer group (read from its most recent proxy). View filing ↗