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Round 2: FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement

Sector: Government • Location: United States of America

Source: Grants.gov

Project
Archived

Pay for Success (PFS) is an innovative model that ties funding for an intervention to its impact in the community. PFS offers a way to catalyze philanthropic and private sector investments to deliver better outcomes, enabling government or other Payors (for example, school districts or hospitals) to pay only for outcomes achieved – that is, to pay only for what works. PFS increases investments

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Project Information

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The project “Round 2: FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement” is an infrastructure initiative in the Government sector, located in United States of America. Taiyo aggregates data on it from Grants.gov.

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archived

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Description

Description

Pay for Success (PFS) is an innovative model that ties funding for an intervention to its impact in the community. PFS offers a way to catalyze philanthropic and private sector investments to deliver better outcomes, enabling government or other Payors (for example, school districts or hospitals) to pay only for outcomes achieved – that is, to pay only for what works. PFS increases investments in effective social interventions by changing the way government allocates and invests its resources. Learn more about Pay for Success at: https://www.whitehouse.gov/sites/default/files/omb/budget/fy2017/assets/fact_sheets/improving-outcomes-through-pay-for-success_0.pdf

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Source reliability

High

Data quality score

100%

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