Raza Bokhari, MD, MBA

Recipient of Philadelphia Business journal “40 under 40” award, Physician turned entrepreneur, Dr. Raza Bokhari, has over the past several years, developed outstanding expertise in aggregating and accelerating multi-specialty Pathology companies. He has a vast knowledge base of developing creative concepts, implementing programs and forming strategic alliances. An effective "change agent" with several years of experience and expertise in start-up and turn-around businesses, he has a special knack of adeptly turning around financially struggling companies.  Raza has, over the years, come to realize the special role of private equity funds, venture capital money, and leveraged debt partners, in executing accelerated growth trends in healthcare services.

 Recognizing his zeal and passion for innovative entrepreneurship, Temple University Fox School of Business and Management nominated him “Entrepreneur in residence” for the academic year 2001-02. In October 2004, Philadelphia Business Journal (PBJ) named Dr. Bokhari’s company, Parkway Clinical Laboratories as one of the top three, small businesses to work for in the greater Philadelphia area. In 2001 Raza took over Lakewood Pathology Associates (LPA).  During his term as the President and CEO until May 2007 the company grew ten times in revenue, expanded its client base in more than 25 states and created more than a hundred new jobs in the region.  In June 2005, 2006, and 2007 PBJ also recognized Lakewood Pathology Associates as one of the fastest growing top 25 companies in South Jersey. In 2006 LPA was also included in the Philadelphia 100® fastest growing companies of the region. In May 2006, LPA received $50 million equity commitment from a Chicago based private equity venture fund, Water Street Healthcare Partners.

 In November 2006, Raza made a $1 million gift to Temple University’s Fox School of Business. In recognition of his gift, the suite housing the school’s Innovation & Entrepreneurship Institute in the new state of the art Fox School facility, Alter Hall, will be named after him.

 Raza continues to explore across the United States acquisition and growth opportunities in the healthcare space. He is frequently retained as a consultant for due diligence by private placement venture funds focused in investing in life sciences/bio-tech and healthcare services companies. Regional, national and international media outlets and newspapers, such as “The Wall Street Journal, The Wall Street Reporter, The Philadelphia Business Journal, Philadelphia Magazine, DAWN, ,Pakistan Link, NBC 10, ABC 6, CN8 Comcast newsmakers, PTV, PrimeTV, GEOTV”, etc, have either interviewed Raza or published his profile as an industry expert and community/civic leader. Raza has also spoken before professional organizations and academic institutions, including US Congressional Caucus at the Capitol Hill in Washington, DC.

 Raza has a Doctor of Medicine degree from the University of Punjab, Rawalpindi Medical College, and an Executive MBA from Temple University, Fox School of Business & Management.

 Raza is the Chairman of the Board, Parkway Clinical Laboratories (PCL), a full service clinical reference laboratory, serving diverse clients in the mid-Atlantic region for over three decades. He was elected as the National President for the Pakistani American Public Affairs Committee (PAKPAC) for the years 2006-07, which is a national, membership-based not for profit lobbying organization registered with the US Federal Election Commission. He currently serves on the Board of visitors of Temple University’s Fox school of Business and Management and on the Board of Directors of the World Affairs Council of Philadelphia.  In 2006 Raza was elected to the Board of Directors of the Pakistan Human Development Foundation, a not for profit international organization devoted to promote primary education and basic healthcare in rural Pakistan.  He is actively involved with the Franklin Institute as member of the Board of trustees.