Social Outcomes Partnerships
Commons · Question 44141 · Tabled 3 Apr 2025 · Department of Health and Social Care · Official record
Answered 14 Apr 2025
Question
Asked by Martin Wrigley
To ask the Secretary of State for Health and Social Care, if he will make an assessment of the potential merits of introducing a phage impact bond that is similar to previous social impact bonds.
Answer
Answered by Ashley Dalton, 14 Apr 2025
Social Impact Bonds (SIBs) are a mechanism to raise investment for a service provider. SIBs are commissioned on a payment-by-results basis, with the payment being proportional to the delivery of a positive social outcome.As detailed in the Government’s re...