Telescoping prosthetic valve and delivery system

A prosthetic implant transitionable between a delivery configuration and a deployed configuration in-situ, the prosthetic implant comprising:

• a leaflet frame comprising a proximal end and a distal end;
• an anchor frame comprising a proximal end and a distal end, wherein:
• when situated in the delivery configuration, the leaflet frame subcomponent and the anchor frame are longitudinally offset from one another;
• when transitioned to the deployed configuration in-situ, the leaflet frame is nested within an interior region defined by the anchor frame such that an annular region is defined between the anchor frame and the leaflet frame;
• and
• an interstage:
• coupling the anchor frame distal end to the leaflet frame proximal end;
• and
• comprising a film assembly comprising (i) an inner film layer that includes a first set of apertures and (ii) an outer film layer that includes a second set of apertures that are non-overlapping with the first set of apertures, the film assembly adapted to obstruct retrograde flow of blood through the annular region in the deployed configuration.