Impact Bond: Dementia Prevention SIB Project in Buyeo
Stage of development: Complete
Policy sector: Health
Intervention: Dementia incurs significant social costs due to its impact on the health of patients and caregivers, loss of productivity, and increased mortality. In particular, individuals with mild cognitive impairment, who are at high risk of developing dementia, require appropriate early detection and intervention programs.
Date outcomes contract signed: 2020-09
Start of service provision: 2021-06
Anticipated end of service provision: 2024-05
Total investment commitment currency: KRW
Total investment commitment: 500000000
Total investment commitment (USD): 350977
Maximum potential outcome payment: 620000000 KRW
Maximum potential outcome payment (USD): 435211.48
Target population: Patients with mild cognitive impairment (MCI) aged 60 to 80
Targeted number of service users or beneficiaries: 300
Targeted unit type: Individual