Impact Bond: Provision of a social prescribing framework and offer at scale across Northamptonshire
Stage of development: Implementation
Policy sector: Health
Social challenge: Physical and mental health and wellbeing.
Intervention: In Northamptonshire, and elsewhere in the UK, the population is growing and getting older, putting increasing pressure on the health and care system. Social prescribing provides an effective and cost-efficient contributory solution. Social prescribing focuses on prevention of ill health and the promotion of positive health and wellbeing (both mental and physical), through community-based services.  It addresses the needs of the more vulnerable populations, through a community support model, and it aims to improve both physical and mental health and wellbeing by improving resilience and community support. This is an asset-based social prescribing programme working to create sustained lifestyle changes and improved self-care for people living with long-term health conditions in Northamptonshire. The programme outcomes include improvement in wellbeing and reduction in usage of NHS services.
Date outcomes contract signed: 2021-04
Date contracts between all parties signed: 2021-04
Start of service provision: 2021-07
Anticipated end of service provision: 2027-05
Anticipated completion date: 2027-05
Total investment commitment currency: GBP
Total investment commitment (min): 1105000
Total investment commitment (max): 1860000
Maximum potential outcome payment: 8455774 GBP
Maximum potential outcome payment (USD): 13354787.78
Target population: People with long term health conditions and one or more of the following characteristics: High co-morbidity levels; low levels of emotional and mental well-being; high levels of social isolation; frequent attender at GP or hospital; are a carer; have poor English literacy; are obese or inactive and/or have difficult socioeconomic backgrounds.
Targeted number of service users or beneficiaries: 7464
Targeted unit type: Individual