Pay-For-Success Takes Aim At Child Services

Pay-for-success (PFS) campaigns using social impact (SIB) bonds for funding are becoming a little more common. Why is this? The model is quite appealing to government executives – governments get a risk-free way of funding creative social programs (see Social Impact Bond Initiatives Move Ahead).

Just how much has this model grown? There are fifteen states with active SIB-financed initiatives (see <a href="https://www.americanprogress.org/issues/economy/report/2014/02/12/84003/fact-sheet-social-impact-bonds-in . . .