PFS Guidance: Briefs and Reports

Report

Improving Outcomes for Transitional Youth

Transitional youth are young people ages 16 to 24 who leave foster care without being adopted or reunited with their biological families and/or who are involved in the juvenile justice system, where they may be in detention or subject to terms of probation. With childhoods often marked by trauma and a lack of stability, transitional youth face notoriously poor outcomes across many areas of life. Pay for success (PFS) may provide an opportunity to address some of the challenges faced by transitional youth and the difficulties in serving them.

Report

State and Local Governments and Impact Investing

Impact investing approaches, which deploy capital seeking both a financial return and a social or environmental impact, have gained increasing attention and popularity. Conspicuously absent from many conversations on it, however, are state and local government actors. Yet there are clear benefits for governments to engage with impact investing as well as for impact investors, investees, and communities.

Brief

Rethinking the opioid crisis

The opioid crisis is widely recognized as a difficult policy challenge but the reasons why it is difficult and the paths to overcoming those difficulties are less easily understood. As a result, policymakers risk spending limited public resources on potentially ineffective or even counterproductive efforts. Adopting the perspective of pay for success (PFS) – an outcomes-oriented funding model – helps to mitigate these risks and facilitates the application of sound public policy and administration principles.
Brief

Pay for Success in Health Care

Health-related PFS efforts to date are largely still conceptual or in planning. Of the 19 PFS projects that have launched in the United States since 2013, only one, the Nurse-Family Partnership project in South Carolina, includes health care system funding as part of the PFS transaction. No projects that have launched include Medicare or private health insurance funding. However, many PFS projects currently in development are designed to repay investors through health care system savings.

Brief

Assessing Criminal Justice Programs for Pay for Success Financing

The Pay for Success – Criminal Justice assessment tool (PFS-CJ) is a scoring rubric designed to help PFS planners assess a program’s suitability for PFS and identify specific elements of the program that need to change to become PFS-ready. The tool includes criminal justice-relevant examples showing how lessons learned from the first generation of criminal justice PFS projects in the US can combine with Urban’s broader PFS assessment tool to create a useful litmus test for identifying future PFS projects.