Impact Bond: South Carolina Nurse-Family Partnership Pay for Success Project
Stage of development: Implementation
Policy sector: Health
Intervention: The intervention extends the service provider's nursing program statewide. The service provider partners first-time mothers with a personal, specially-trained nurse home visitor who guides them through pregnancy until their child's second birthday. The expectant moms benefit by getting the care and support they need to have a healthy pregnancy, while also developing a close relationship with a nurse who becomes a trusted resource they can rely on for advice in the future. Through this partnership, the nurse provides new moms with the confidence and tools they need to assure a healthy start for their babies and envision a life of stability and opportunities for both mom and child.
Start of service provision: 2016-04
Dates notes: Enrolment started on 1/1/2016. Full launch of the project on 1/4/2016.
Total investment commitment currency: USD
Total investment commitment: 17500000
Total investment commitment (USD): 17500000
Target population: First-time, low-income moms at no more than twenty-eight weeks gestation with eligible/enrolled in Medicaid, with focus on ZIP codes with high concentrations of poverty.  
Targeted number of service users or beneficiaries: 3200
Notes: The project uses a combination of fee-for-service and pay-for-success mechanisms. Contemporaneous per-visit Medicaid payments are covering approximately 45% of the budget, while investor contributions are covering the remaining 55%.