Social Impact Investing for better health

Research Australia’s submission to Treasury in response to the discussion paper on Social Impact Investing has advocated that¬†interventions designed to improve health outcomes be explicitly acknowledged as within the scope of the proposed social investing framework.

Research Australia believes that Social Impact Investing could be an effective mechanism for funding and evaluating some pilot projects and clinical trials designed to implement and evaluate new evidence based practices and interventions. The benefits of implementing successful new interventions include better population health, improved patient care, and efficiency gains in the Australian healthcare system. These provide quantifiable social and financial gains that make the funding of these measures amenable to Social Impact Investing.

Research Australia Submission Social Impact Investing