The Potential of Pay-for-Success as a Financing Strategy for Evidence-Based Practices: An Illustration with Multisystemic Therapy
Open accessAbstract
There is a critical need to identify strategies for financing the implementation of evidence-based practices. We illustrate the potential of pay-for-success financing (PFS)-a strategy in which private investors fund implementation and receive a return on investment from a government payer-using multisystemic therapy as an example. We argue that standard multisystemic therapy (for serious juvenile offenders) and several of its adaptations (for other complex behavioral problems in youth) would be good candidates for PFS in the right contexts. Despite some challenges for policymakers and administrators, PFS has significant potential as a financing strategy for evidence-based practices.
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Many features make MST an ideal candidate for Pay-for-Success financing.
“Many features make MST an ideal candidate for Pay-for-Success financing [34].”
From Translating economic evaluations into financing strategies for implementing evidence-based practices (2021) · cites this paper as [34]
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Cited by
Sorted by citations
Translating economic evaluations into financing strategies for implementing evidence-based practices
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Self-citation
- Authors
- Dopp, A. R., Perrine, C. M., Iovan, S., & Lantz, P. M.
- Affiliations
- University of Arkansas at Fayetteville (US)
- University of Michigan (US)
- Corresponding author
- Dopp, Alex R.
- Venue
- Administration and Policy in Mental Health and Mental Health Services Research
- Published
- 2019-05-09
- Volume
- 46
- Issue
- 5
- Pages
- 629-635
- ISSN
- 0894-587X (ISSN-L)
- 1573-3289
- OpenAlex
- W2944588007
- Cited by
- 7
- References
- 22
- Citations by year
- 2025: 1 · 2023: 2 · 2022: 1 · 2021: 2 · 2019: 1
- FWCI
- 1.21
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- Locations
- Administration and Policy in Mental Health and Mental Health Services Research (publishedVersion, cc-by)
- PubMed (publishedVersion)
- Journal of the Arkansas Academy of Science (submittedVersion, cc-by)
- Funders
- Robert Wood Johnson Foundation (#73217)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Community Development and Social Impact
- Health Sciences › Health Professions › General Health Professions › Health Policy Implementation Science
- Social Sciences › Decision Sciences › Management Science and Operations Research › Evaluation and Performance Assessment
- Keywords
- pay for success, evidence-based practice, multisystemic therapy, juvenile offenders, retail investors, evidence-based practice implementation
- MeSH terms
- Community Mental Health Services, Financing, Organized, Humans, Interinstitutional Relations, Juvenile Delinquency, Time Factors, Private Sector, Evidence-Based Practice
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