A pilot project hopes to pioneer a new type of investment by alleviating asthma among lower-income children. Project developers hope the Fresno Asthma Impact Model could become a national model for improving health and reducing costs.
"About 200 lower-income children with asthma are at the center of the two-year demonstration project to show the financial benefits of asthma management and entice investors to invest in a social-impact bond," reports Barbara Anderson.
"'A health-impact bond is a way of raising money for a proven health program and prevention that result in better health outcomes and lower costs,' said Rick Brush, founder and CEO of Collective Health, a Connecticut-based social enterprise company that helped develop the idea for the asthma demonstration project."
FULL STORY: Fresno is site of first-ever health care 'bond' project

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