featuring

Dr Kevin Albertson I Professor of Economics I Manchester Metropolitan University

Kevin will discuss lessons learned from the UK’s experiments with Payment by Results and Social Impact Bonds implemented since 2010.

As part of his new book, Payment by results and social impact bonds: Outcome-based payment systems in the UK and US, Kevin has undertaken the first Rapid Evidence Assessment of empirical evaluations of the 32 Social Impact Bonds (SIBs) and 35 Payment by Results (PbR) programmes commenced in the UK since 2010.

This research is the first Rapid Evidence Assessment of outcomes-based commissioning to include PbR and SIB programmes and Kevin will use the review to test the concepts of marketization, incentivisation, innovation and performance management – all concepts important in outcomes-based commissioning.