Vern Davenport

Vern Davenport is a partner at NovaQuest Capital Management with extensive executive experience in building and transforming healthcare technology and services companies. He is responsible for transaction origination and execution, portfolio company value creation initiatives, and investment policy. Before joining NovaQuest Capital, Vern was CEO and board member at Medfusion. He was instrumental in the carve-out of the company from Intuit and returning its core portal solution to a market leadership position. Prior to Medfusion, Vern was chairman and CEO of Medquist, a leader in transcription services before and after the privatization of the company. There, he facilitated a transformation of the business through the acquisition of a speech technology company, rebranding the company M*Modal and leading the take-private process. Vern’s previous experience also includes his time as president, Allscripts; CEO, Misys Healthcare; GM & EVP, Kodak Health Group (now Carestream Health); and, executive leadership roles at Siemens and Shared Medical Systems. He started his career at IBM where he spent 11 years in sales, sales leadership, and executive management positions. Vern holds a B.S.B.A and an M.B.A from East Carolina University, and is on the East Carolina Board of Trustees and WakeMed Health and Hospitals Board.