Nancy-Ann DeParle is a managing partner and co-founder of Consonance Capital Partners, a private equity firm that focuses on investing in the U.S. health care industry. She is a director of CVS Health (NYSE: CVS) and HCA Healthcare (NYSE: HCA), in addition to current Consonance portfolio companies Psychiatric Medical Care (PMC) and Sellers Dorsey. From 2011-January 2013, she was Assistant to the President and Deputy Chief of Staff for Policy to President Barack Obama. A health policy expert, DeParle served as Counselor to the President and Director of the White House Office of Health Reform from 2009-2011. In that role, she led the Obama Administration’s successful effort to enact the Affordable Care Act (ACA) and managed the initial implementation of the law.
After leaving the White House in 2013, DeParle was a Lecturer in Law at Harvard Law School and a Visiting Scholar in Economic Studies at the Brookings Institution. From 2006-2009, DeParle was a Managing Director of CCMP Capital Advisors, a private equity firm formed by the former buyout professionals of JPMorgan Partners, LLC. She was also a Senior Fellow of Health Systems and Adjunct Professor at the Wharton School of the University of Pennsylvania and a trustee or director of several corporate and non-profit boards, including Boston Scientific, Cerner, Health Affairs, Medco Health, and the Robert Wood Johnson Foundation. From 2002-2008, she was a commissioner of the Medicare Payment Advisory Commission (MedPAC), which advises Congress on Medicare policy matters.
From 1997-2000, DeParle served as Administrator of the Health Care Financing Administration (HCFA), now the Centers for Medicare and Medicaid Services (CMS). As Administrator, she directed Medicare, Medicaid, and the State Children’s Health Insurance (SCHIP), which provide health insurance for more than 105 million Americans at an annual cost of $870 billion. Before joining HHS, DeParle served as Associate Director for Health and Personnel at the White House Office of Management and Budget (OMB).
Earlier in her career, DeParle was Commissioner of the Tennessee Department of Human Services, administering a 6,000-employee cabinet agency. She also worked as a lawyer in private practice in Nashville and Washington, D.C. She has appeared on many news programs and speaks frequently at health and financial industry conferences. In 1994, Time selected DeParle as one of “America’s 50 Most Promising Leaders Age 40 and Under.”
A native of Rockwood, Tennessee, DeParle received a B.A. with highest honors from the University of Tennessee, where she was Student Body President, and a J.D. from Harvard Law School. She also received a B.A. and M.A. in Politics and Economics from Balliol College of Oxford University, where she was a Rhodes Scholar.
DeParle lives in Chevy Chase, MD, with her husband, Jason DeParle, a reporter for the New York Times, and their two college-age sons.
Elected to the Duke University Board of Trustees in 2021, DeParle serves on the Undergraduate Education Committee.