Fresno Asthma Pilot
SIB Details
| Location | United States, California (Fresno) |
| Commencement date | Nov 2013 |
| Savings area | Health |
| Bond Amount | US$0.66m |
| Bond terms (years) | 2 years |
Intervention Program
| Program description | Home care, education, and support in reducing environmental triggers ranging from cigarette smoke to dust mites and other indoor air contaminants. |
| Treatment duration | 2 years |
| Target population | Children with asthma from low income families. |
| Intervention cohort | 200 children and their families from target population. |
Outcome Measurement
| Metric | Number of ER visits and hospitalisation. |
| Counterfactual | Historical hospital data from the Fresno area. |
| Outcome Calculation and Target | Reduction of ER visits and hospitalisation relative to counterfactual. |
Contracting parties
| Government Agency | California Endowment (Non Govt) |
| Service Provider | Central California Asthma Cooperative and Clinica Sierra Vista |
| Intermediary | Social Finance |
| Evaluator | Collective Health |
Investor details
| Investors | Unknown |
| Returns | Unknown |
| Capital protection | Unknown |
Case study
| Comments | This is a proof of concept pay for success contract designed to demonstrate that social impact bonds can work in this sector. The plan is for the proof of concept to pave the way for a larger social impact bond to service 3500 children. |
Download the Fresno Asthma Pilot SIB case study (PDF, 34KB)
