Revathi ZenvarkarChief Executive Officer · Essays & perspective
Portrait of Revathi Zenvarkar
Revathi Zenvarkar
Chief Executive Officer · India

A selected perspective

Growth and service economics5 min read

Growth has to honour the service already promised

Why a regional service business should compare expansion with the unresolved commitments inside its existing network.

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Open to Board appointments

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The portfolio

From idea to consequence.

I

Postponing two openings while three centres remained in loss

Three of our existing centres recorded a combined ₹1.8 crore operating loss in FY 2025.

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II

Returning ₹18.6 lakh that closed accounts still held

Finance and centre teams reviewed 186 accounts whose service episode had closed.

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III

Removing a visit-linked incentive without inventing an outcome study

Our remuneration structure for eighty-two therapists included a component linked to paid visits.

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A sound service business should be able to explain what it charges for, who decides the care and how it will honour a commitment when its own plans change. Those questions belong in the chief executive's account of performance.

The journal

Further reading.

  1. 02

    Service accountability5 min read

    A closed account can still contain an open obligation

    An executive perspective on prepaid balances, service completion and the importance of keeping a commercial question separate from a clinical decision.

  2. 03

    Incentives and executive judgement5 min read

    Removing an incentive is a decision, not an outcome study

    How management can address a commercial signal while remaining precise about cost, professional authority and evidence of later effects.

Healthcare administration and leadership
35 years
Career begins July 1991
Outpatient centres
9
Across four Karnataka cities
FY 2026 revenue
₹74 crore
₹6.8 crore operating profit

Growth has to honour the service already promised

I am chief executive of Orthevani Rehabilitation Services in Hubballi, with responsibility for nine outpatient centres and 410 colleagues. Our centres work across four Karnataka cities. For the year ended March 2026, the business recorded ₹74 crore revenue and ₹6.8 crore operating profit. I lead seven executives and serve as an executive director on our seven-member board. My background is in commerce and service administration, so I am explicit about the boundary of that responsibility: clinical standards and individual care decisions belong to our medical director and qualified teams.

The business brings together a clinician-shareholder trust, a regional founding family and a patient-capital investor. Their different perspectives can be useful if the board receives a clear account of the choices in front of it. I want that account to connect investment, staff terms, the meaning of a patient payment and the obligations created when a centre changes. A revenue forecast alone will not explain whether we can responsibly make the next commitment, and a good intention alone will not fund the service needed to keep it.

I began in healthcare administration in 1991 and became CEO in January 2021 after centre and regional operating roles. The cases here concern postponing two proposed openings while existing centres needed attention, returning unused prepaid balances, changing a visit-linked staff incentive and managing the relocation of two centres. None is presented as evidence that a particular treatment worked. They are accounts of business decisions, including what we spent, what remained unresolved and which clinical judgements were deliberately kept outside a commercial instruction.

Two openings waited while three centres needed repair

We deferred a proposed ₹9.6 crore expansion and funded a separate ₹2.2 crore programme for access and staffing at three existing centres. Their combined operating loss narrowed from ₹1.8 crore in FY 2025 to ₹0.9 crore in FY 2026; they had not become profitable.

Unused balances were not earned service revenue

A review of 186 closed accounts found twenty-four with unused prepaid balances totalling ₹18.6 lakh. We returned those balances and revised the review process, keeping clinical decisions about care separate from the commercial preference to retain a payment.

An incentive deserved examination before an outcome claim

We changed the remuneration structure for eighty-two therapists, removing the paid-visit-linked component and increasing annual compensation expense by ₹1.35 crore. The decision addressed an incentive conflict; it did not establish a measured improvement in patient outcomes.

Current focus

I am strengthening the account the board receives when a commercial choice affects continuity of service. It should identify the people already relying on us, the clinical authority needed and the cost of making a change responsibly, including cases where the financially convenient action is not yet ready to proceed.

Conversations I welcome

I am considering one external non-executive appointment alongside my current executive directorship. I can provisionally allow twenty-two days a year, subject to our board's consent, relationship review and the actual preparation required by the prospective company.

Beyond the page

The record behind the perspective.

In the boardroom

  • Orthevani Rehabilitation ServicesExecutive Director · January 2021 – Present

Formation

  • BComZelvitha Commerce College · 1991
  • MBA in Service Management, evening programmeNerthavi Management Institute · 2001
Revathi kept the clinical decision separate from the question about unused balances. She asked the business to resolve what it held without asking clinicians to justify retaining a payment through additional visits.
Bhavana ZervaliMedical Director, Orthevani Rehabilitation Services
The full record ↗

Contact

I am considering one external non-executive appointment alongside my current executive directorship. I can provisionally allow twenty-two days a year, subject to our board's consent, relationship review and the actual preparation required by the prospective company.

  • Board appointments