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Payment by Results

The risky business of Social Impact Bonds

Will SIBs become a mainstream way of funding public services? My take on new Social Market Foundation report. “Effective transfer of financial accountability is the holy grail of public service reform” The main mechanism for this has been payment by results with which Social Impact Bonds are closely associated. Social Impact Bonds and PbR appear to be a good fit:

Payment by Results

How should we measure recovery from addiction?

Measuring recovery The biggest challenge of the drug recovery payment by results pilots has been agreeing a simple but robust measurement system to report on whether

Payment by Results

PbR Question Time

There has been growing media coverage of Payment by Results schemes since the New Year, both here and abroad (particularly the USA, Canada and Australia).

Social Impact – ONE year on

Most voluntary sector projects publish an annual report. Not many are greeted with the level of interest which met yesterday’s publication of the first report

Payment by Results

What are social impact bonds? Or: Show me the money

Given the current state of the economy and scale of the deficit, it is clear that there is likely to be a continued high level of interest in Private Finance Initiatives which is essentially what Social Impact Bonds are. At one level, those of us trying to tackle entrenched social problems like drug-related offending are not too concerned with the source of funding, we just want someone to ‘show me the money’.

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