Latest news with #VBC
The Citizen
5 days ago
- Politics
- The Citizen
VBC requests CoGTA's immediate oversight visit to ELM
SEDIBENG.- The Vaal Business Cooperation (VBC) has written to the Department of Cooperative Governance and Traditional Affairs (CoGTA) requesting an oversight visit to the Emfuleni Local Municipality (ELM). Klippies Kritzinger, VBC CEO, has written to Minister Velenkosini Hlabisa and the CoGTA Portfolio Committee and said that, as a concerned business organisation, they are 'plagued by a municipality that has become a national disgrace'. Kritzinger said the letter (which can be seen on one of VBC's social media platforms) is an urgent call from business and residents for Parliament to intervene decisively. 'We humbly request that the Parliamentary Portfolio Committee on Cooperative Governance conducts a formal oversight visit to Emfuleni within 30 days from receipt of this letter, to directly witness the evidence of failure, maladministration, and outright abuse of public resources.' Collapse of basic services Refuse Collection has completely collapsed in most parts of Vanderbijlpark, Sebokeng, Sharpeville, Vereeniging, and Evaton. Illegal dumping has taken over parks, streets, and school zones. The municipality's records (Mayoral Committee minutes, March 2024) admit that 60% of refuse collection trucks are non-operational due to a lack of maintenance and poor procurement. Still, ELM proposed a 4.40% increase on a service not delivered. Sewage flows openly in residential streets, businesses, and near crèches & schools. The Sebokeng and Rietspruit Wastewater Plants are non-functional. The DWS Green Drop report (2022) ranked Emfuleni as one of the worst-performing municipalities regarding wastewater compliance nationally. The electricity infrastructure has collapsed. Multiple substations are obsolete and failing. Power outages lasting 3-7 days in some areas — unrelated to Eskom load shedding — due to a decayed grid and theft allowed by non-existent oversight are the norm. The lack of preventative maintenance and protection on electrical infrastructure is a major concern. Water provision is erratic and unreliable. In March 2024 alone, three wards in Bophelong went without water for 11 consecutive days, with no emergency supply plan. The Emfuleni water loss rate exceeds 70%, and non-revenue water is a direct cost to ratepayers. ELM proposed an increase of 15.30% to finance their inability to manage water losses. The establishment of an SPV for water and sanitation between Randwater and Metsi-a-Lekoa has not been implemented. Roads across Emfuleni are war zones. The R57 through Vanderbijlpark, Lillian Ngoyi Street in Sebokeng, and major roads in Vereeniging are filled with dangerous potholes and sinkholes. The 45 wards report more than 37 000 potholes that remain unrepaired Financial chaos and gross mismanagement Emfuleni has unpaid creditors exceeding R10b, including long-standing debts to Eskom, Rand Water, and dozens of local contractors who have not been paid for over 36 months. Every financial year, hundreds of millions in MIG (Municipal Infrastructure Grant) funds are returned unspent, as confirmed in the Auditor-General's reports. This occurred while critical projects such as sewer line upgrades and street lighting were left unfinished. The Municipal Public Accounts Committee (MPAC) is defunct. It has failed to table a single oversight report since late 2022. No action has been taken against officials involved in irregular expenditure flagged in the multiple internal audits. The organisational structure is bloated and abused: The municipality has over 1 700 administrative staff, yet basic billing, building inspections, and urban planning functions are non-existent. Several employees continue to draw salaries while not attending work — a finding confirmed by an internal forensic report commissioned in July 2023. Abuse of power and public funds Councillors and senior officials are regularly attending conferences in Durban, Cape Town, at public expense, often unrelated to their portfolio responsibilities. The average trip costs the taxpayer R150 000 per delegation. Annually, the Speaker's office (overstaffed) spends millions on VIP funerals for former councillors who retired long before their deaths. There was no council resolution approving this expenditure, and no policy basis for it. Land use control and building compliance have collapsed entirely. Illegal taverns, hijacked buildings, and informal structures now dominate all 45 wards. The Land Use Tribunal seems to have been hijacked by the corruption in the Land Use Department. Due to failing infrastructure, property values & rates should decrease, but ELM proposed an increase of 4.40% on Assessment Rates. The Vaal River City and Aerotropolis development projects have stalled due to incompetence, lack of land audits, and political squabbling in the council. Investors have withdrawn, citing instability and administrative paralysis. VBC's request for immediate intervention: A parliamentary oversight visit within 30 days, with site inspections of the Pump Stations, Emfuleni landfill sites, and Vanderbijlpark, Vereeniging CBD. A forensic audit of all municipal trips, funerals, and hospitality expenses from 2021. A recommendation for Section 139(1)(c) intervention — complete dissolution of the council and appointment of an administrator. That the committee summon both the Executive Mayor, Speaker of Council, and Municipal Manager to account under oath. A forensic audit on businesses owned by ELM managers & employees. The letter states that Emfuleni is not a failing and dysfunctional municipality, but it has already completely collapsed. 'It is a symbol of what happens when political corruption replaces accountability. It is no longer enough to write annual reports. The people of Emfuleni demand action, and Parliament must lead from the front.' ( VBC is NPO set up by business in Vereeniging and Vanderbijlpark to uplift the Vaal by partnering with business). At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
Yahoo
16-05-2025
- Business
- Yahoo
NAACOS and Innovaccer Latest Report Shows 64% of Healthcare Leaders Expect Revenue Gains from Value-Based Care in 2025
New research explores the evolving landscape, key investment priorities, and adoption barriers shaping value-based care in the U.S. SAN FRANCISCO, May 16, 2025--(BUSINESS WIRE)--Innovaccer Inc., a leading healthcare AI company, in collaboration with the National Association of ACOs (NAACOS), today announced the release of their joint report, "The State and Science of Value-Based Care 2025." Based on a nationwide survey of 168 healthcare leaders across 142 organizations, the study uncovers the progress, pain points, and investment signals driving value-based care (VBC) strategies forward. As the healthcare industry moves toward outcomes-based models, 64% of surveyed organizations expect a positive revenue shift from value-based care in 2025, marking a sharp increase in confidence despite ongoing structural and operational challenges. "As the shift to value-based care accelerates, the research highlights a critical truth: successful transformation demands more than just intent, it requires deep investments in data, technology, and partnerships," said Abhinav Shashank, cofounder and CEO of Innovaccer. "This joint report with NAACOS provides clarity and direction for healthcare leaders navigating the complexities of modern reimbursement models." Key findings in the report include: 64% of healthcare organizations expect higher VBC-driven revenue in 2025 compared to 2024. 87% of respondents cite financial risk as the top barrier to adoption, followed by provider readiness (80%), lack of interoperability (75%), and high technology cost (67%). 74% say greater financial support and incentives would significantly accelerate adoption. 70% express optimism about AI's role in enabling predictive analytics and scaling VBC strategies. "At the foundation of accountable care and population health management lies the strategic use of integrated data that drives insights and action," said Emily D. Brower, President and CEO of NAACOS. "This comprehensive approach enables a deeper understanding of community, population, and individual patient needs. This report highlights how technology, collaboration, and infrastructure can support providers in accountable care to drive innovation in care delivery." The report also highlights how high-performing organizations are laying the foundation for long-term VBC success through unified data platforms, advanced analytics, and integrated care delivery solutions. Download the full report here. About Innovaccer Innovaccer activates the flow of healthcare data, empowering providers, payers, and government organizations to deliver intelligent and connected experiences that advance health outcomes. The Healthcare Intelligence Cloud equips every stakeholder in the patient journey to turn fragmented data into proactive, coordinated actions that elevate the quality of care and drive operational performance. Leading healthcare organizations like CommonSpirit Health, Atlantic Health, and Banner Health trust Innovaccer to integrate a system of intelligence into their existing infrastructure— extending the human touch in healthcare. For more information, visit View source version on Contacts Press Contact: Arushi AwasthiInnovaccer 415-562-2139 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
16-05-2025
- Business
- Business Wire
CORRECTING and REPLACING LOGO: NAACOS and Innovaccer Latest Report Shows 64% of Healthcare Leaders Expect Revenue Gains from Value-Based Care in 2025
SAN FRANCISCO--(BUSINESS WIRE)--Please replace the logo with the accompanying corrected logo. The release reads: NAACOS AND INNOVACCER LATEST REPORT SHOWS 64% OF HEALTHCARE LEADERS EXPECT REVENUE GAINS FROM VALUE-BASED CARE IN 2025 New research explores the evolving landscape, key investment priorities, and adoption barriers shaping value-based care in the U.S. Innovaccer Inc., a leading healthcare AI company, in collaboration with the National Association of ACOs (NAACOS), today announced the release of their joint report, ' The State and Science of Value-Based Care 2025.' Based on a nationwide survey of 168 healthcare leaders across 142 organizations, the study uncovers the progress, pain points, and investment signals driving value-based care (VBC) strategies forward. As the healthcare industry moves toward outcomes-based models, 64% of surveyed organizations expect a positive revenue shift from value-based care in 2025, marking a sharp increase in confidence despite ongoing structural and operational challenges. 'As the shift to value-based care accelerates, the research highlights a critical truth: successful transformation demands more than just intent, it requires deep investments in data, technology, and partnerships,' said Abhinav Shashank, cofounder and CEO of Innovaccer. 'This joint report with NAACOS provides clarity and direction for healthcare leaders navigating the complexities of modern reimbursement models.' Key findings in the report include: 64% of healthcare organizations expect higher VBC-driven revenue in 2025 compared to 2024. 87% of respondents cite financial risk as the top barrier to adoption, followed by provider readiness (80%), lack of interoperability (75%), and high technology cost (67%). 74% say greater financial support and incentives would significantly accelerate adoption. 70% express optimism about AI's role in enabling predictive analytics and scaling VBC strategies. 'At the foundation of accountable care and population health management lies the strategic use of integrated data that drives insights and action,' said Emily D. Brower, President and CEO of NAACOS. 'This comprehensive approach enables a deeper understanding of community, population, and individual patient needs. This report highlights how technology, collaboration, and infrastructure can support providers in accountable care to drive innovation in care delivery.' The report also highlights how high-performing organizations are laying the foundation for long-term VBC success through unified data platforms, advanced analytics, and integrated care delivery solutions. Download the full report here. About Innovaccer Innovaccer activates the flow of healthcare data, empowering providers, payers, and government organizations to deliver intelligent and connected experiences that advance health outcomes. The Healthcare Intelligence Cloud equips every stakeholder in the patient journey to turn fragmented data into proactive, coordinated actions that elevate the quality of care and drive operational performance. Leading healthcare organizations like CommonSpirit Health, Atlantic Health, and Banner Health trust Innovaccer to integrate a system of intelligence into their existing infrastructure— extending the human touch in healthcare. For more information, visit
Business Wire
16-05-2025
- Health
- Business Wire
NAACOS and Innovaccer Latest Report Shows 64% of Healthcare Leaders Expect Revenue Gains from Value-Based Care in 2025
SAN FRANCISCO--(BUSINESS WIRE)-- Innovaccer Inc., a leading healthcare AI company, in collaboration with the National Association of ACOs (NAACOS), today announced the release of their joint report, ' The State and Science of Value-Based Care 2025.' Based on a nationwide survey of 168 healthcare leaders across 142 organizations, the study uncovers the progress, pain points, and investment signals driving value-based care (VBC) strategies forward. As the healthcare industry moves toward outcomes-based models, 64% of surveyed organizations expect a positive revenue shift from value-based care in 2025, marking a sharp increase in confidence despite ongoing structural and operational challenges. 'As the shift to value-based care accelerates, the research highlights a critical truth: successful transformation demands more than just intent, it requires deep investments in data, technology, and partnerships,' said Abhinav Shashank, cofounder and CEO of Innovaccer. 'This joint report with NAACOS provides clarity and direction for healthcare leaders navigating the complexities of modern reimbursement models.' Key findings in the report include: 64% of healthcare organizations expect higher VBC-driven revenue in 2025 compared to 2024. 87% of respondents cite financial risk as the top barrier to adoption, followed by provider readiness (80%), lack of interoperability (75%), and high technology cost (67%). 74% say greater financial support and incentives would significantly accelerate adoption. 70% express optimism about AI's role in enabling predictive analytics and scaling VBC strategies. 'At the foundation of accountable care and population health management lies the strategic use of integrated data that drives insights and action,' said Emily D. Brower, President and CEO of NAACOS. 'This comprehensive approach enables a deeper understanding of community, population, and individual patient needs. This report highlights how technology, collaboration, and infrastructure can support providers in accountable care to drive innovation in care delivery.' The report also highlights how high-performing organizations are laying the foundation for long-term VBC success through unified data platforms, advanced analytics, and integrated care delivery solutions. Download the full report here. About Innovaccer Innovaccer activates the flow of healthcare data, empowering providers, payers, and government organizations to deliver intelligent and connected experiences that advance health outcomes. The Healthcare Intelligence Cloud equips every stakeholder in the patient journey to turn fragmented data into proactive, coordinated actions that elevate the quality of care and drive operational performance. Leading healthcare organizations like CommonSpirit Health, Atlantic Health, and Banner Health trust Innovaccer to integrate a system of intelligence into their existing infrastructure— extending the human touch in healthcare. For more information, visit
Yahoo
05-05-2025
- Business
- Yahoo
Payer-Provider Collaboration Breakdown: Black Book Survey Reveals Critical Challenges in Healthcare Alignment
Poll of 273 Healthcare Leaders Uncovers Escalating Challenges in Prior Authorization, Data Exchange, and Value-Based Contracting. NEW YORK CITY, NEW YORK / / May 5, 2025 / A new survey from Black Book Research reveals that deep fractures remain in payer-provider collaboration, with hospitals and health plans struggling to align on core priorities like prior authorization, data exchange, and value-based contracting. The report, released today, draws on first-quarter responses from 273 executives across the healthcare spectrum, including 225 leaders from health plans, managed care organizations, and payers, and 48 hospital and health system executives overseeing managed care relations and contracting. Despite widespread agreement that payer-provider collaboration is critical to improving outcomes and reducing waste, the survey exposes three persistent roadblocks and significant differences in how payers and providers rank their urgency. #1: Prior Authorization Frustration Nears Breaking Point Hospitals overwhelmingly identified manual, disjointed prior authorization workflows as the top source of administrative burden and care delays: 93% called it a top-two operational obstacle. 88% reported routine delays exceeding five business days. Only 11% have most of their payer contracts integrated with real-time electronic prior auth tools. Meanwhile, just 29% of payers say they've implemented electronic prior auth tied to EHRs. And only 17% believe their PA processes are fully aligned with clinical decision-making. #2: Value-Based Care: A Shared Vision, Divided Execution "Both payers and providers express commitment to value-based care, but the mechanics are still misaligned," said Doug Brown, Founder of Black Book Research. 84% of hospitals say they lack access to the analytics needed to succeed in VBC arrangements. 75% are in upside-only contracts and say they're ready for more risk-if data sharing improves. Just 6% of providers consider their current value-based contracts fair or sustainable. On the payer side, 80% rank VBC execution as a strategic priority. However, only 21% have established joint oversight or governance structures with providers. #3: Interoperability Still Missing in Action Years into the digital health push, bi-directional data sharing between payers and providers remains frustratingly inconsistent: 93% of providers say they lack real-time visibility into their patients' utilization outside their system. 82% still rely on faxes, phone calls, and email to communicate with health plans. Fewer than 1 in 4 hospitals report receiving any form of automated, structured data feeds from payers. On the other hand, 97% of payers are actively collecting clinical data-but less than a third push that information back to providers in usable form. "Everyone agrees on the direction-value-based, connected, data-driven care-but we're still fighting over the roadmap," said Brown. "Hospitals want automation, transparency, and real-time data. Payers want control, structure, and sustainability. Until those expectations converge, collaboration will keep stalling." The study results call for a reset in shared accountability, including: Co-developed performance metrics and risk models in contracts; Interoperable, real-time clinical + claims data sharing frameworks; and Federal and commercial investment in automated prior auth standards. About Black Book™Black Book Research is a leading independent source of healthcare technology and managed services evaluations. Black Book's crowd-sourced data supports strategic purchasing decisions for providers, payers, and investors across the healthcare continuum without commerical bias or influence. Gratis resources and research reports to industry stakeholders are available at Contact Information Press Office research@ SOURCE: Black Book Research View the original press release on ACCESS Newswire Sign in to access your portfolio
