Columbus Works is pleased to share that State of Ohio Treasurer Robert Sprague has named Columbus Works to the first ResultsOHIO cohort, a pay for performance initiative unique to the State, and innovative in rewarding human service providers for outcomes that result in return for the State and its residents.
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Wednesday, January 27, 2021Media Contact:
Treasurer Sprague Releases First Round of ResultsOHIO
Five projects deemed “Pay-for-Success Appropriate and Ready”
COLUMBUS – Ohio Treasurer Robert Sprague today announced the first five project proposals deemed “Pay-for-Success Appropriate and Ready” through the ResultsOHIO program. The five projects have received ResultsOHIO Feasibility Reports based on the initial round of screening.
“With issues like addiction, infant mortality, and poverty gripping our communities, we must find new ways to combat the most persistent challenges facing our state,” said Treasurer Sprague. “ResultsOHIO gives Ohio an avenue to do things differently – to be bold – and put innovative ideas to the test. Today’s announcement highlights five organizations that have the tools and vision to work under a pay-for-success model, and we wish them the best in their efforts to make their projects a reality.”
The five projects deemed “Pay-for-Success Appropriate and Ready” are:
Upon passage of House Bill 166, the Ohio Treasurer’s office developed a streamlined, uniform review process to score ResultsOHIO applications. Following scoring, projects are deemed as being “Pay-for-Success Appropriate and Ready;” “Pay-for-Success Appropriate, but Not Ready;” “Not Pay-for-Success Appropriate;” or “Ineligible.”
ResultsOHIO is a program within the Treasurer’s office that enables policymakers and innovators to pursue pay-for-success projects aimed at tackling the most pressing social and public health challenges facing Ohio. The program’s infrastructure assesses prospective pay-for-success projects and shepherds their eventual launch and implementation. ResultsOHIO protects taxpayer dollars by focusing on bold, new results-based ideas. Public dollars will be used to reimburse project costs if it is proven to deliver real results at its conclusion.
More information on ResultsOHIO and the first round of feasibility reports can be found at www.results.ohio.gov.
Robert Sprague became Ohio’s 49th Treasurer of State on January 14, 2019, bringing to the office his extensive experience working on financial matters in both the public and private sectors. Under Treasurer Sprague’s direction, the office manages the state’s $29 billion investment and $11 billion debt portfolios, collects and deposits all state revenues, and oversees custodial assets.