Fresno's Social Impact Bond for Asthma

The case desccribes a social impact bond (SIB) to fund home-based remediation programs designed to reduce asthma attacks among Fresno residents (especially children) and thereby save on health care costs (ambulance callouts, emergency room visits etc.). The case permits a broader evaluation of SIBs that can reward investors according to outcome metrics and thereby reduce the cost of social programs, especially those typically funded by government agencies.