Family teaching young girl to ride a bike

Insights

Outcomes-Based Approaches for an Equitable Recovery: A Memo to the Biden-Harris Administration

Social Finance

From the Social Finance Institute

The Social Finance Institute, Workforce & Economic Mobility, Health

Close

Register to Download


You will also receive email updates with publications and other updates from Social Finance. We will not share or sell your personal information.

As the Biden-Harris administration seeks to leverage limited resources to achieve profound social change, Social Finance proposes outcomes-based funding (OBF) as a powerful tool. OBF is a set of innovative financing strategies that tie funding to results, enabling the government to use taxpayer dollars to pay for outcomes that programs achieve, as opposed to services that those programs provide.

This memo outlines specific steps that the federal government can take to leverage OBF to advance economic mobility, improve health, and build a more effective government. The recommendations here are grounded in our work to help build the OBF field for the past decade.


Together, we can build an outcomes driven government that will enable Americans to enjoy healthier lives and greater access to economic opportunity and will ensure that our taxpayer dollars are delivering results.

The memo includes recommendations from our partners at America Forward, Results for America, JFF, and National Skills Coalition.

Related Insight

3 Lessons to Effectively Leverage Outcomes-Based Funding to Improve Home Visiting Services in Missouri 
Woman laying in bed while her newborn baby is tended by a nurse in an adjoining crib.

3 Lessons to Effectively Leverage Outcomes-Based Funding to Improve Home Visiting Services in Missouri 

CTF worked with Social Finance to design an outcomes rate card (ORC), an OBF structure that includes a menu of high-priority outcome metrics CTF hopes to achieve and an associated payment, or “price,” for each…

Social Finance and The Children’s Trust Fund of Missouri