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Pay for Success and Social Impact Bonds-New Strategies and Lessons Learned from Early Implementers: Process Study of U. S. Department of Labor's First Pay for Success Pilots in Two States

Tyler Moazed
National Association for Welfare Research and Statistics


August 25, 2015

Creating a flexible funding mechanism that integrates investment in program- and population-based interventions. Incentivizing social innovation that may lead to improved workplace outcomes and cost savings to the government. Identifying and understanding innovative and effective interventions that address social problems. Transferring the risk associated with funding untested interventions from the public sector to the private sector.