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Social Impact Bond

Location: Devon, United Kingdom

Launch date: 2018

Duration: 72 months

Capital raised: £1.05m

Policy area: Health & wellbeing

Outcomes fund: Commissioning Better Outcomes Fund (The National Lottery Community Fund)

Outcome payers: Devon County Council (Local government), The National Lottery Community Fund

Providers: Westbank Community Health and Care (charity number: 1119541)

Investors: Bridges Fund Management

Target population: Adults at risk of developing Type 2 diabetes, with a focus on 40% most deprived population.

Size of cohort: 3500

Outcome evaluation method: Validated administrative data

Stage: Implementation

Intervention description

The intervention aims at providing sustained help to patients over a two-year period to make positive changes to their lifestyle - to include nutrition, physical exercise and mental wellbeing - via a combination of one-to-one and group sessions.

Outcomes

Sustained drop in weight, waist, and blood sugars measurement - 6 months threshold

  • Definition: Reductions in Hb1Ac (1.2 mmol), waist size (2 cm), weight (2 kg) 6 months after service user commencement.
  • Baseline/Evidence Required: Engagement demonstrated and measurements taken and recorded by provider.
  • Maximum Payment: N/A
  • Outcome Target (#): 2359
  • Outcomes Achieved (#): N/A

Sustained drop in weight, waist, and blood sugars measurement - 12 months threshold

  • Definition: Reductions in Hb1Ac (2.4 mmol), waist size (4 cm), weight (3 kg) from baseline 12 months after service user commencement.
  • Baseline/Evidence Required: Engagement demonstrated and measurements taken and recorded by provider.
  • Maximum Payment: N/A
  • Outcome Target (#): 1943
  • Outcomes Achieved (#): N/A

Sustained drop in weight, waist, and blood sugars measurement- 24 months threshold

  • Definition: Reductions in Hb1Ac (1.2 mmol), waist size (1 cm), weight (1.5 kg) from baseline 24 months after service user commencement.
  • Baseline/Evidence Required: Engagement demonstrated and measurements taken and recorded by provider.
  • Maximum Payment: N/A
  • Outcome Target (#): 1388
  • Outcomes Achieved (#): N/A

Further information

  • Total Potential Maximum Outcomes Payments: £774,068
  • Date Service Delivery Started: June 2018

More detailed information on this project can be found in the Data Template Excel sheet linked below, with a full list of sources. All fields are defined according to our data dictionary.