Pay for Success

Paying for Results: Making the Case for Funding ‘Pay for Success’ Initiatives (Industry Perspective)

Pay for success financing (PFS), often part of a social impact bond, is a new concept in which private investment supports the delivery of preventive services that save the government money —  and those savings are used to repay the investment. PFS is attractive because it has the potential to finance innovative evidence-based services while […]

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The Move Towards Rigorous Evaluation

The July 2014 New York Times article, “The Quiet Movement to Make Government Fail Less Often” emphasizes the importance of rigorous evaluation of government programs as the key to a more successful government. Recently, several evaluations have emerged, largely due to the growing availability of data. The article notes that the private sector has utilized

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