A comparative analysis of Social Impact Bond and conventional financing approaches to health service commissioning in England: the case of social prescribing

Dayson, Christopher, Fraser, Alec and Lowe, Toby (2019) A comparative analysis of Social Impact Bond and conventional financing approaches to health service commissioning in England: the case of social prescribing. Journal of Comparative Policy Analysis: Research and Practice. ISSN 1387-6988 (In Press)

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Official URL: https://doi.org/10.1080/13876988.2019.1643614

Abstract

We compare two social prescribing interventions in Northern England. One was financed through a Social Impact Bond (SIB) and the other was financed in a more conventional way. We utilise a comparative approach to understand the extent to which different approaches to financing social prescribing conform to key features of the New Public Management (NPM) or New Public Governance (NPG) in their design and implementation. We find that a SIB approach tends towards NPM during programme design and implementation and that this creates challenges for social prescribing programmes, the complexity of which appear better suited to an NPG-based relational approach.

Item Type: Article
Uncontrolled Keywords: Social Impact Bonds; Social Prescribing; New Public Management; Comparative governance; Qualitative methods
Subjects: L400 Social Policy
N200 Management studies
Department: Faculties > Business and Law > Newcastle Business School > Business and Management
Depositing User: Paul Burns
Date Deposited: 10 Jul 2019 09:35
Last Modified: 11 Oct 2019 10:19
URI: http://nrl.northumbria.ac.uk/id/eprint/39935

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