Becker's Healthcare May 26, 2023
Nick Thomas

Becker’s Healthcare is focused on amplifying the voices of historically underrepresented people in healthcare.

Rick Idemoto, executive vice president and chief strategy officer at Palo Alto, Calif.-based Stanford Medicine Children’s Health, recently discussed how a more diverse workforce will drive better health and financial outcomes.

Question: Can you speak to how there are tangible financial results in having a more diverse workforce? Is such diversity having an actual effect on the bottom line?

Rick Idemoto: There is seldom an organization across the country that doesn’t benefit — or hasn’t seen a benefit — from a more diverse workforce. There are numerous studies that demonstrate positive associations between diversity and financial performance — and show that patients generally fare better when...

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