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ResultsOHIO is an infrastructure within the Treasurer’s office that enables policymakers and innovators to pursue pay for success (PFS) projects aimed at tackling the most pressing social and public health challenges facing Ohio. Under a PFS funding model, upfront project costs are funded by private investors, rather than the government. Government repayment only occurs if verifiable results are achieved during a project or by its conclusion.
The ResultsOHIO program facilitates prospective PFS projects and shepherds their eventual launch and implementation.
To begin the ResultsOHIO process, a potential project is submitted to the Ohio Treasurer’s office where a thorough review will be conducted to determine the project’s feasibility and readiness for entering into a PFS contract. Project funding is not granted through the Ohio Treasurer’s office. Rather, both private (e.g. philanthropic) and public (e.g. state or local) funding must be independently secured before a project can be launched under the ResultsOHIO model.
Importantly, ResultsOHIO protects taxpayer dollars by focusing on outcomes-based ideas and ensuring public dollars are only used when a project delivers real results.
- Editorial: Public-Private Partnership of Sprague Works (8/16/2023)
- Op-Ed: Bringing Results to the Forefront (8/12/2023)
- iSee Project: Final Evaluation Report (6/21/2023)
- Release: Treasurer Sprague Releases Final Evaluation of Inaugural ResultsOHIO Project (6/21/2023)
- Overview: ResultsOHIO and the iSee Project (01/27/2023)
- Report - Veteran Suicide Prevention: A Feasibility Assessment of Prospective Pay for Success Approaches (6/13/24)
- In early 2024, the Treasurer’s office commissioned a report to explore the feasibility of utilizing the ResultsOHIO pay for success model to facilitate a project aimed at addressing the pervasive and rising cases of suicide among Ohio’s combat veteran community. Research indicates that the mortality rate among young veterans in Ohio (ages 18 – 34) is 65 per 100,000 people – far exceeding the national rate of 49.6 per 100,000. By leveraging a pay for success framework, there may be an opportunity to pilot the delivery of new strategies for screening and referring veterans in crisis, as well as providing means to access novel therapies that may promote positive outcomes for our nation’s veterans.
- For more information regarding the ResultsOHIO program, please reach out to [email protected].