Rishabh Mehrotra is a born entrepreneur.
From the time he arrived in the U.S.
from India at the age of 17, he funded his
education at Tufts University with business start-ups. First, he started a magazine
geared toward new college students;
Mehrotra got the publication off the
ground by selling ads during the day and
then writing the copy at night.
Later, he got backing from university
alumni and created a futon company that
delivered and purchased futons from a network of 15 universities.
And so, when SHPS Inc. called on
Mehrotra to help turn things around in
2006, he brought that spirit with him.
SHPS, an independent provider of integrated health solutions to improve personal health and reduce spending, was
mired in a slump of its own making.
Mehrotra arrived and quickly found that
what was suffocating the company was
actually internal problems. Cleaning
house, he replaced almost 90 percent of
the management team within his first
30 days. Such a stark cleanup could have
a negative effect on a company, but
Mehrotra’s instincts were right. Giving
his employees a fresh start, he instilled
his entrepreneurial sense in the company and set new standards of expectations. With a new direction from the top,
the company opened up new lines of
communication and feedback.
As a result, SHPS is driving more and
more business to its core segment, as it
acquired 30 new health clients in 2007.
That new business meant more than 2 million new members.
HOW TO REACH: SHPS Inc., www.carewisehealth.com or (502)
267-4900