As the U.S. healthcare system moves towards rewarding value over volume and outcomes over outputs, there is a growing recognition of the need to address the social and environmental determinants of health. These determinants, which exist outside of the four walls of the doctor's office or hospital, are the most significant drivers of poor health outcomes and costs, yet the solutions to address these issues are not incentivized, or allowed, to do so in many cases. Pay for Success offers a unique opportunity to drive impact capital to tackle the deep-rooted issues that are intrinsically tied the health of communities and individuals.
Quantified Ventures works with courageous organizations committed to thinking outside the box to further advance this shift. Whether community based service providers that are redefining their roles and value in the changing healthcare landscape or traditional healthcare stakeholders that are taking on more and more risk for the sickest and costliest lives among us, Pay for Success offers a clear path towards aligning incentives, improving outcomes, and maximizing value.
Quantified Ventures works with organizations like Leading Age and Meals on Wheels America to scale solutions that allow seniors to age in place with dignity and health. With Meals on Wheels America, we plan to launch the first senior-focused Social Impact Bond in Baltimore, Maryland in Summer 2017. Learn more about the Meals on Wheels Social Impact Bond project here.
Mental health conditions and substance abuse impact the lives of tens of millions of Americans every day, many of whom lack basic access to mental health or substance abuse services. Pay for Success has demonstrated an ability to rally communities to fund effective prevention, treatment, and recovery services to bring stability and hope to thousands of lives.
Over half of Americans live with at least one chronic health condition, representing over $1T in annual medical costs. These chronic conditions, whether diabetes, heart disease, COPD, or others, are largely preventative in nature. We work with organizations to drive impact capital to evidence-based health interventions to fund prevention, reward outcomes, and improve quality of life.