Becker's Hospital Review

August 2021 Issue of Becker's Hospital Review

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51 WOMEN'S LEADERSHIP Female CEOs showed more inclusive leadership style than men throughout pandemic, study suggests By Hannah Mitchell F emale CEOs exhibited a different leadership style than their male counterparts during the COVID-19 pandemic, demonstrating more empa- thy, adaptability, accountability and di- versity, according to a May 25 report by S&P Global. The report studied the transcripts of lead- ers at nearly 5,000 companies worldwide from March 9 to Dec. 31, 2020. Here are five key findings from the S&P Global report: 1. CEOs who were women exhibited a more positive communication style at the peak of the pandemic, using more words expressing trust and anticipation. CEOs of both genders expressed nega- tive sentiment at a comparable frequency. 2. Female CEOs are significantly under- represented. Women at companies in the S&P Global Broad Market Index account- ed for 5 percent of CEOs on Jan. 25, 2021, compared with 4.9 percent on Feb. 8, 2020. There were 8,047 male CEOs and 411 fe- male CEOs in 2020. By 2021, there were 8,031 male CEOs and 427 female CEOs. 3. Healthcare and real estate companies are about four times more likely to have a female CEO than energy companies. The top three sectors that have female CEOs are real estate, healthcare and utilities. The three sectors with the lowest number of female CEOs are energy, industrials and materials. 4. Male CEOs are more prone to discussing metrics, which shows a performance-dom- inant leadership style. Men were more like- ly to use words like "profit," "acquisition" and "balance sheet." Their female coun- terparts were more likely to use words like "customer engagement," "customer satis- faction" and "mission." 5. For words about family and labor con- cepts, the three top words men used were "parent," "unemployment" and "state of emergency." Female CEOs took a different approach, using words like "maternity," "paternity" and "gender." n CLAIMS MANAGEMENT FOR HOSPITAL, PHYSICIAN, AND DENTAL BILLING A U T O M A T E AUTOMATE CLAIM EDITING & REDUCE MANUAL WORKLOAD INCREASE CASH REDUCE COST REALLOCATE FTE'S DIRECT EDI CLAIM SUBMISSION TO ALL MAJOR PAYERS www.ciriusgroup.com A U T O M A T E C L A I M E D I T I N G • D I R E C T E D I C L A I M S U B M I S S I O N A U T O M A T E R E M I T T A N C E P O S T I N G • D E N I A L M A N A G E M E N T C O N T R A C T M A N A G E M E N T • I N T E R F A C E W I T H A N Y E M R / E H R / H I S

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