Social Impact Bonds – Moving From Experimental To Scale
Of the many financing and financial diversification options that exist for provider organizations, the newest one to the table is pay-for-success (PFS) initiatives financed with social impact bonds (SIBs). We have been covering many recent PFS projects as they launched – Oklahoma Launches Pay-For-Success Project To Reduce Female Incarceration Rate, Michigan Medicaid & National Kidney Foundation To Test ‘Pay-For-Success’ Model For Diabetes Prevention, and Salt Lake County, Utah, Launches Two Pay-For-Success Projects Focused On Jail Recidivism & Homelessness.
A few days ago, one of our OPEN MINDS Circle members sent me a question . . .