Online Program

Social Impact Bonds - A Financing Innovation for Population Health

Tuesday, November 3, 2015 : 11:18 a.m. - 11:30 a.m.

David Rabinowitz, Deloitte Consulting, Atlanta, GA
Winny Chen, Deloitte Consulting, Arlington, VA
Federal, state, and local public health programs continue to struggle to accomplish population health outcomes with constrained resources. Social Impact Bonds (SIBs)- also called Pay for Success - are a relatively new financing innovation, starting in the United Kingdom, which enable the mobilization of private financing for public sector programs. SIBs have been largely used in criminal justice interventions, but are now starting to be deployed for population health issues (such as asthma). This presentation will explain how SIBs work, how they enable innovative service delivery to vulnerable populations, and describe the role that Federal, state, and local public health departments can play in scaling SIBs to address a wide range of public health issues. Participants will gain awareness of the history and applications to date, understand how deals are formed and structured, learn about the multiple stakeholders involved, and see what types of public health issues (largely about infrastructure and non-communicable diseases) can benefit from SIBs.

Learning Areas:

Administration, management, leadership
Program planning
Public health administration or related administration
Public health or related public policy

Learning Objectives:
Describe a rapidly growing financing innovation - Social Impact Bonds - and explain their application to public health. Explain current trends and opportunities for public health agencies using Social Impact Bonds to improve population health.

Keyword(s): Funding/Financing, Partnerships

Presenting author's disclosure statement:

Qualified on the content I am responsible for because: In my capacity as a consultant with Monitor Deloitte, I have worked with federal public health clients and non-governmental organizations to develop guides and thought leadership pieces on Pay for Success.
Any relevant financial relationships? No

I agree to comply with the American Public Health Association Conflict of Interest and Commercial Support Guidelines, and to disclose to the participants any off-label or experimental uses of a commercial product or service discussed in my presentation.