Finalists selected for the ‘Pay for Success’ program

ALBANY, N.Y.—Governor Andrew Cuomo announced that four
finalists have been selected for the “Pay for Success” program.

Also known as “Social Impact Bonds”, the program is designed
to transform how government does business while serving New Yorkers and
providing additional resources for innovative social services programs.

“This public-private partnership model is one we see working
over and over again and one that saves taxpayers money and improves how we deliver
services here in New York ,” said Governor Cuomo.

Pay for Success projects are public-private partnerships
where the State sets performance goals and private and philanthropic investors
provide the funds for the program. The State repays investors based on the
program's performance, and only makes payments if the goals are achieved
following a rigorous independent evaluation

The four finalists selected were the following:

  • · Nurse-Family
    Partnership
    : The Nurse-Family Partnership program provides nurse
    home-visiting services to first-time expectant, low-income mothers to improve
    pregnancy outcomes, child health, development, and self-sufficiency. This
    proposal plans to serve approximately 2,200 families in Monroe and Onondaga
    Counties and NYC.

 

  • · Primary
    Care Development Corporation (PCDC) / The Institute for Family Health / Open
    Door Family Medical Centers, Inc. / HRHCare Community Health (HRHCare) / Hudson
    Information Technology for Community Health (HITCH):
    The National Diabetes
    Prevention Program aims to reduce diabetes for at-risk populations. The
    proposal plans to serve approximately 3,570 prediabetic patients in
    Westchester, Putnam, Rockland, Ulster, Dutchess, Sullivan, and Greene counties
    and in NYC.

 

  • · Montefiore
    Medical Center / Children's Aid Society:
    Enhanced school-based health
    centers would reach high-risk students with asthma care and pregnancy
    prevention services. The proposal plans to serve approximately 8,500 students
    at high schools located in the Bronx and North Shore of Staten Island.

 

  • · Hillside
    Children's Center
    : The Intensive Community Asset Program (I-CAP) provides
    diversion alternatives to Probation Officers and Family Court Judges for
    placement and detention of high-risk youth. The proposal plans to serve
    approximately 835 youth in Onondaga, Monroe and up to three additional
    counties.

New York State will hold a symposium at the State Capitol on
Friday, March 7, at 10:30 a.m.

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