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Insights

After Pay for Success: Doubling Down on What Works

Sam Schaeffer, Jeff Shumway, and Caitlin Reimers Brumme

Public Sector Solutions, Results-Based Funding

When Pay for Success (PFS) projects achieve their goals and improve social outcomes, it is important for governments to implement strong performance-based contracts to continue to scale these programs. This Stanford Social Innovation Review article discusses how the federal government, state governments, the philanthropic sector, and evaluators should combine their efforts to aid in the transition from PFS to performance-based contracts.

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Pay for success exists because too often government needs a push to innovate. When that innovation works, we should double-down, not move on. Proven programs that have already paid for themselves and improved lives are exactly where government must investNew York State Senator Daniel Squadron

Related Insight

Pay for Success: Driving Systems Change
Image of a cityscape from an aerial view

Pay for Success: Driving Systems Change

At Social Finance, we are increasingly focused on how the tools of Pay for Success can help governments design, fund, and manage effective social services, all with the goal of achieving better outcomes for people…

Tracy Palandjian

New Tools to Amplify Impact: Growing What Works
Woman holding twin daughters

New Tools to Amplify Impact: Growing What Works

This blog on America Forward’s website explores how nonprofit organizations, funders, and governments can work together to use data sharing to amplify impact.

Jake Segal