Payment by results and social impact bonds : outcome-based payment systems in the UK and US /
As public services budgets are cut, the 'Payment by Results' (or Pay for Success) model has become a popular choice in public sector commissioning. Social Impact Bonds are a variant of Payment by Results also promoted by proponents of social (or impact) investing. But how effective are the...
| Main Authors: | , |
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| Format: | Licensed eBooks |
| Language: | English |
| Published: |
Bristol, UK :
Policy Press
2018.
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| Series: | Policy Press shorts. Research.
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| Online Access: | https://www.jstor.org/stable/10.2307/j.ctt21h4zbp |
Table of Contents:
- Intro; PAYMENT BY RESULTS AND SOCIAL IMPACT BONDS; Contents; Abbreviations; Notes on the authors; Acknowledgements; 1. Introduction: outcome-based payment and the reform of public services; Outcomes-based commissioning; The distinction between Payment by Results/Pay for Success and Social Impact Bonds/Pay for Success financing; Origins and scale; Some key questions raised by outcome-based commissioning; About this book; 2. Outcome-based commissioning: theoretical underpinnings; Introduction; Theories and objectives; Theoretical concerns; Conclusion.
- 3. Payment by Results and Social Impact Bonds in the UKIntroduction; Policy on outcomes-based commissioning; Payment by Results: extent and trends; Social Impact Bonds: extent and trends; Results to date; Conclusion; 4. Pay for Success and Social Impact Bonds in the US; Introduction; Extent and trends; Infrastructure; Evaluation approaches; Financial models; Conclusion; 5. Review of the evidence for outcome-based payment systems; Introduction; Results from UK programmes; Results from US programmes; Conclusion; 6. Conclusions, cautions and future directions; Introduction.
- The evidence to date on outcome-based commissioningWhere next for outcome-based commissioning?; In summary; References; Index.