News Headlines Article

Fresno is site of first-ever health-care ‘bond’ project
Fresno Bee

Fresno has been chosen to pilot a health-care project that could lead to new ways nationally to improve public health and reduce costs for treating chronic diseases.

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.

Only a handful of such bonds have been sold in the U.S. — most for prisoner recidivism. Fresno would be the first for health care.