Parth Desai (pictured) has left the investment team of NewYork-Presbyterian Ventures, the innovation vehicle for US-based healthcare provider NewYork-Presbyterian, to join venture capital firm Flare Capital Partners as a health-focused senior associate.
Desai was with NewYork-Presbyterian Ventures from January 2018 until earlier this month, leading investments for NewYork-Presbyterian in two smart medical assistant-focused companies – Saykara and Syllable – as well as enterprise automation software publisher WorkFusion.
Prior to standing down, Desai had been promoted from senior associate to manager. He began his career in 2012 as a health policy analyst for the Massachusetts House of Representatives, taking responsibility for preparing reforms to the state’s legal framework for the pharmaceutical industry.
Desai was later appointed to the health and human services committee of the US National Conference of State Legislatures, the non-profit advocate for legislators and staff of all US state assemblies.
Before joining NewYork-Presbyterian, Desai was a consultant and then a senior consultant at accountancy firm Deloitte from 2013, leading a healthcare-focused advisory team for corporate executives that covered areas including innovation, mergers and acquisitions and growth strategy.