Organisations: Ecorys, ATQ Consultants
Policy Area: Health & wellbeing
The Commissioning Better Outcomes (CBO) Programme is a social impact bond (SIB) programme funded by The National Lottery Community Fund, which aims to support the development of more SIBs and other outcomes based commissioning models in England. The National Lottery Community Fund has commissioned Ecorys and ATQ Consultants to evaluate the programme. A key element of the CBO evaluation is nine in-depth reviews, with Ways to Wellness (WtW) featuring as one of the reviews. This report is the second in-depth review on WtW. The focus is on stakeholder experiences and learning from the SIB delivery post- launch. This builds on the learning described in the first in-depth review report.1
This second report is based on a review of documents provided by stakeholders, and consultations between May and June 2018 with nine stakeholders and two focus groups (one with practitioners, one with beneficiaries) involved in the SIB. Stakeholders were consulted across all relevant organisations (commissioners, WtW, service providers, investment fund manager and beneficiaries).
SIBs are a form of outcomes-based commissioning2 (OBC). There is no generally accepted definition of a SIB beyond the minimum requirements that it should involve payment for outcomes and any investment required should be raised from social investors. The Government Outcomes Lab (GO Lab) defines impact bonds, including SIBs, as follows: