Let­ter from the spon­sor, Furst Group

Modern Healthcare - - TOP 25 WOMEN IN HEALTHCARE 2017 -

No one knows how much dis­rup­tion is com­ing to the health­care in­dus­try with the un­cer­tainty sur­round­ing the

Af­ford­able Care Act. Our hope is that the fu­ture soon be­comes clearer. But one thing less murky is that lead­er­ship will be at a premium for providers, pay­ers, health­care ser­vice com­pa­nies and ev­ery firm in be­tween.

That alone would be a sig­nif­i­cant rea­son for us to cel­e­brate the lead­er­ship of the Top 25 Women in Health­care who are rec­og­nized on th­ese pages. What they rep­re­sent col­lec­tively may of­fer us some in­struc­tion for the months and years to come.

Sim­ply put, the fu­ture is di­verse. In our work, we ex­pe­ri­ence that re­al­ity ev­ery day as both a sta­tis­ti­cal fact and an op­er­a­tional im­per­a­tive. A di­ver­sity of thought and ex­pe­ri­ences pro­duces bet­ter out­comes.

In the next 10 years, about 1 bil­lion women are ex­pected to en­ter the global work­force. What kind of cul­ture do we want them to cre­ate? Ac­cord­ing to the Na­tional Cen­ter for Women & In­for­ma­tion Tech­nol­ogy, or NCWIT, gen­der-di­verse busi­nesses not only per­form bet­ter fi­nan­cially but also “demon­strate su­pe­rior team dy­nam­ics and pro­duc­tiv­ity.” Many of the CEOs and boards we in­ter­act with daily yearn for such out­comes at their own com­pa­nies. Teams with an equal num­ber of women are well-rounded. The NCWIT also cited a Lehman Bros. study that re­vealed “gen­der-bal­anced teams were the most likely to ex­per­i­ment, be cre­ative, share knowl­edge and ful­fill tasks.” That’s a great recipe for in­no­va­tion.

All of this, nat­u­rally, leads to a bet­ter bot­tom line as well. A re­cent study of 22,000 pub­licly traded com­pa­nies around the world by the Peter­son In­sti­tute for In­ter­na­tional Eco­nom­ics found that com­pa­nies with more women ex­ec­u­tives per­formed bet­ter fi­nan­cially. This con­curs with other re­search. In fact, McKin­sey & Co. notes that $28 tril­lion could be added to the global econ­omy if women played an equal role to men in their or­ga­ni­za­tions.

Th­ese are all im­por­tant rea­sons to sup­port Mod­ern Health­care’s bi­en­nial Top 25 Women in Health­care recog­ni­tion pro­gram. We hope you will align with us by spon­sor­ing and men­tor­ing women col­leagues in your own or­ga­ni­za­tions. And we hope you will save the date to join us July 19 in Nash­ville to per­son­ally thank and honor the Top 25 Women in Health­care. They are build­ing di­verse teams that are nim­ble, re­spon­sive and in­no­va­tive—teams will­ing to take risks to im­prove health­care for all of us.

-Bob Clarke and Sher­rie Barch

Bob Clarke is CEO and Sher­rie Barch is pres­i­dent of Furst Group and NuBrick Part­ners, the com­pa­nies of MPI.

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