The First Social Impact Bond Project – Where Are We?

Yesterday, my focus was pay-for-success (PFS) contracting for human services – what it is and it's potential to change the field (see How PFS Contracting Just Might Change The Human Service Field). Pay-for-success contracting is a new concept and one example of it, social impact bonds (SIB), is in its infancy with only a few initiatives up and running. We've reported on a few of these – <a href="https://www.openminds.com/market-intelligence/executive-briefings . . .