Keywords: healthcare; Ebola; Africa;
Citation:
Trelstad, Brian, and V. Kasturi Rangan. "Last Mile Health (A)." Harvard Business School Case 320-027, March 2020. (Revised July 2020.) View Details|
Article Stanford Social Innovation Review The Payoff of Pay-for-Success |
Abstract
Pay-for-success contracts also known as social impact bonds, have been widely touted as a clever way to fill the funding gap plaguing social programs by attracting a tranche of the trillions of dollars in private return-seeking capital. This article takes an in-depth look at the evidence from the first seven contracts in the U.S., to conclude that although that scenario is not likely, the pay-for-success model will have a positive impact, just not in the way that many proponents think.
Keywords: impact investing; social impact bonds; public innovation; social enterprise; Social Enterprise; Investment; Innovation and Invention;
Citation:
Rangan, V. Kasturi, and Lisa Chase. "The Payoff of Pay-for-Success." Stanford Social Innovation Review 13, no. 4 (Fall 2015): 28–36.
