Initial Pay for Success (PFS) projects emphasized the selection of provider organizations with sufficient expertise and experience as well as an administrative capacity to support scale-up of adopted interventions. A number of questions emerge about readiness in PFS, which we begin to address in this brief.
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16 Jun 2017
The Pay for Success (PFS) model, also known as the Social Impact Bonds model, is a relatively new way to finance improvements in persistent social problems. PFS brings together investors with local, state, and federal government agencies to fund and improve education, health, and social services. AIR is implementing this approach in many communities around the country.