Social Return on Investment (SROI) methodology to account for value for money of public health interventions: A systematic review

BMC Public Health

Volumn 15, Issue 1, 2015, Pages

  Banke Thomas, Aduragbemi Oluwabusayo ^a   Madaj, Barbara ^a   Charles, Ameh ^a   Van Den Broek, Nynke ^a  

^a LIVERPOOL SCHOOL OF TROPICAL MEDICINE   (United Kingdom)

Author keywords

Blended value accounting; Evaluation research; Health economics; Health inequalities; Impact evaluation; Public health; Social impact; SROI; Triple bottom line; Value for money

Indexed keywords

COST BENEFIT ANALYSIS; ECONOMICS; HEALTH CARE PLANNING; HEALTH ECONOMICS; HEALTH PROMOTION; HEALTH SERVICE; HUMAN; INVESTMENT; PUBLIC HEALTH SERVICE;

COST-BENEFIT ANALYSIS; ECONOMICS, MEDICAL; HEALTH PROMOTION; HEALTH RESOURCES; HEALTH SERVICES; HUMANS; INVESTMENTS; PUBLIC HEALTH PRACTICE;

EID: 85018144076     PISSN: None     EISSN: 14712458     Source Type: Journal    
DOI: 10.1186/s12889-015-1935-7     Document Type: Review

References (92)

1. DFID. DFID's Approach to Value for Money (VfM). London: DFID; 2011. https://www.gov.uk/government/uploads/system/uploads/attachment-data/file/67479/DFID-approach-value-money.pdf.
2. Independent Commission for Aid Impact. DFID's Work through UNICEF. London; 2013. http://icai.independent.gov.uk/wp-content/uploads/2013/12/ICAI-report-DFIDs-work-with-UNICEF.pdf.
3. Taylor J, Bradbury-Jones C. International principles of social impact assessment: lessons for research? J Res Nurs. 2011;16:133-45.
4. NICE. Guide to the Methods of Technology Appraisal 2013; 2013. http://www.nice.org.uk/article/pmg9/resources/non-guidance-guide-to-the-methods-of-technology-appraisal-2013-pdf.
5. Department of Health. Measuring Social Value: How Five Social Enterprises Did It; 2010. https://www.gov.uk/government/uploads/system/uploads/attachment-data/file/215895/dh-122354.pdf.
6. Millar R, Hall K. Social Return on Investment (SROI) and Performance Measurement. Public Manag Rev. 2013;15:923-41.
7. Arvidson M, Lyon F. McKay S, Moro D. The ambitions and challenges of SROI. Birmingham: Third Sector Research Centre; 2010.
8. Nicholls J, Lawlor E, Neitzert E, Goodspeed T. A Guide to Social Return on Investment. 2nd ed. London: The Cabinet Office; 2012. http://www.bond.org.uk/data/files/Cabinet-office-A-guide-to-Social-Return-on-Investment.pdf.
9. Scholten P, Nicholls J, Olsen S, Galimidi B. Social Return on Investment: A Guide to SROI Analysis. Amsterdam: Lenthe Publishers; 2006.
10. Emerson J, Cabaj M. Social Return on Investment. Making Waves. 2000;11:10-4.
11. Tuan MT. Measuring and/or estimating social value creation: Insights into eight integrated cost approaches. Final Paper. Prepared for Bill & Melinda Gates Foundation, Impact Planning and Improvement. 2008. https://docs.gatesfoundation.org/Documents/WWL-report-measuring-estimating-social-value-creation.pdf.
12. Rotheroe N, Richards A. Social return on investment and social enterprise: transparent accountability for sustainable development. Social Enterprise Journal. 2007;3:31-48.
13. Norman W, MacDonald C. Getting to the bottom of triple bottom line. Bus Ethics Q. 2004;14:243-62.
14. Emerson J. The Blended Value Proposition: Integrating Social and Financial Returns. Calif Manage Rev. 2003;45:35-51.
15. Arvidson M, Lyon F, McKay S, Moro D. Valuing the social? The nature and controversies of measuring social return on investment (SROI). Voluntary Sector Rev. 2013;4:3-18.
16. Zappalà G, Lyons M. Recent approaches to measuring social impact in the Third sector: An overview. CSI Background Paper No. 6 July 2009. 2009. http://www.socialauditnetwork.org.uk/files/8913/2938/6375/CSI-Background-Paper-No-5---Approaches-to-measuring-social-impact---150210.pdf.
17. Hutton G, Rehfuess E. Guidelines for Conducting Cost-benefit Analysis of Household Energy and Health Interventions. Geneva, Switzerland: World Health Organization; 2006.
18. Gold MR, Siegel JE, Russell LB, Weinstein MC. Cost-effectiveness in Health and Medicine. Oxford: Oxford University Press; 1996.
19. Brady R. The True Cost of Stigma: Evaluating the Social Return on Investment of the Stigma and Discrimination Component of the Alliance's Africa Regional Programme II. International HIV/AIDS Alliance: Hove, United Kingdom; 2011.
20. Edwards RT, Charles JM, Lloyd-Williams H. Public health economics: a systematic review of guidance for the economic evaluation of public health interventions and discussion of key methodological issues. BMC Public Health. 2013;13:1001.
21. Krlev G, Münscher R, Mülbert K. Social Return on Investment (SROI): State-of-the-Art and Perspectives: A Meta-Analysis of practice in Social Return on Investment (SROI) studies published 2000-2012. 2013. https://www.csi.uni-heidelberg.de/downloads/CSI-SROI-Meta-Analysis-2013.pdf.
22. Moher D, Liberati A, Tetzlaff J, Altman DG. Preferred Reporting Items for Systematic Reviews and Meta-Analyses: The PRISMA Statement. PLoS medicine. 2009;6:e1000097.
23. Gough D, Oliver S, Thomas J. An Introduction to Systematic Reviews. London: Sage Publications Limited; 2012.
24. Phillips R. Stakeholder Theory and Organizational Ethics. San Francisco, CA: Berrett-Koehler Publishers; 2010.
25. Briner W, Hastings C, Geddes M. Project Leadership. 2nd ed. Gower: Aldershot, UK; 1996.
26. Walker D, Hampson K. Procurement Strategies: A Relation-based Approach. Oxford: John Wiley & Sons; 2008.
27. Hyder AA, Bloom G, Leach M, Syed SB, Peters DH. Exploring health systems research and its influence on policy processes in low income countries. BMC Public Health. 2007;7:309.
28. Lukoseviciute L. Social return on investments in smoking cessation policy in The Netherlands. Tilburg: Tilburg University; 2010. http://arno.uvt.nl/show.cgi?fid=113851.
29. Jönsson J, Wikman A, Wätthammar T. Social Return on Investment, SROI, the value added for families before and after using Solvatten in the Bungoma district in Western Kenya. Uppsala: Swedish University of Agricultural Sciences; 2011. http://stud.epsilon.slu.se/3308/1/watthammar-t-111006.pdf.
30. Jones M. The Social Value of a Community-based Health Project: Healthy Living Wessex Social Return on Investment Report. Project Report. Bristol: University of the West of England; 2012. http://eprints.uwe.ac.uk/16589/.
31. Bhaumik U, Norris K, Charron G, Walker SP, Sommer SJ, Chan E, et al. A cost analysis for a community-based case management intervention program for pediatric asthma. J Asthma. 2013;50:310-7.
32. Whelan G. An Evaluation of the Social Value of the Get into Reading Initiative in Wirral, Merseyside. Liverpool: Liverpool John Moores University; 2013.
33. Bradly J, Bolas C. Social Return on Investment (SROI) of Substance Misuse Work Leicestershire Youth Offending Service. Leicester: Leicestershire County Coucil; 2013. http://www.lsr-online.org/uploads/sroi-substance-misuse-final.pdf.
34. nef consulting, Christian Aid. Filling the Gaps: A Social Return on Investment Analysis. London: nef consulting; 2013.
35. Murphy R. Strategic Merger in Faith-based Health Care: Measuring Success of Covenant Health at Year One through the application of Social Return on Investment Methodology. Melbourne, FL: Greenleaf University; 2010. http://www.greenleaf.edu/pdf/sheli-murphy.pdf.
36. Biswas K, Kummarikunta G, Biswas A, Tong L. Social Return on Investment: Chaha Program. Hove: International HIV/AIDS Alliance; 2010. http://www.bond.org.uk/data/files/SROI-CHAHA-report-04.02.11.pdf.
37. Glasgow Association for Mental Health (GAMH). GAMH Annual Report. Glasgow; 2011.
38. RM Insight. Speakeasy 2010/11. A Social Return on Investment (SROI) Analysis. Hove, East Sussex: RM Insight; 2011. http://www.rminsight.co.uk/reports/SpeakeasyEngSROIReport.pdf.
39. Carrick K, Lindhof J. The Value of Walking: A Social Return on Investment Report of a Walking Project. Greenspace Scotland: Glasgow; 2011.
40. Brady R. Value for Money in Arthritis Care's Training Courses: Making Self-Management Count - A Social Return on Investment Evaluation. London: Arthritis Care; 2011.
41. Frontier Economics Whizz-Kidz Ltd. Social Return on Investment for Whizz-Kidz' Services: An Evaluation. London: Frontier Economics Ltd; 2011.
42. Carrick K. Glasgow Health Walks Social Return on Investment Analysis: 1st April 2011 to 31st March 2012. Alloa: Paths for All; 2013. http://www.pathsforall.org.uk/sroi.
43. Misje T. Social Return on Investment (SROI): SROI Analysis of Health Services Delivered on the Streets of Moshi, Tanzania. Arusha, Tanzania; 2011. http://www.streetchildrenresources.org/wp-content/uploads/2013/01/social-return-on-investment.pdf.
44. McCorriston E. SROI Analysis: Hertfordshire Community Meal's Meals on Wheels Service. Hemel Hempstead: Hertfordshire County Council; 2012.
45. Cawley J, Berzins K. SROI Evaluation of Changing Minds: For the South London and the Maudsley Mental Health Foundation Trust. London: University of East London; 2011. www.welllondon.org.uk/files/1209.
46. Age Concern Kingston upon Thames. Stay Well at Home Social Return on Investment (SROI) Evaluation Report. New Malden: Age Concern Kingston upon Thames; 2012.
47. Arvidson M, Battye F, Salisbury D. The social return on investment in community befriending. Int J Public Sector Manag. 2014;27:225-40.
48. Bradly J. Forecast Social Return on Investment (SROI) of Supporting the Community Meals Service in Leicestershire. Leicester: Leicester County Council; 2013. http://www.lsr-online.org/uploads/sroi-community-meals-report-final-pdf.pdf.
49. Varua M, Stenberg L. Social Return on Investment: A Case Study of a Community NGO in Sydney. 2009 Sustainability Research Node Symposium, Sustainability: Dimensions and Intersections 2009. http://researchonline.nd.edu.au/bus-conference/22/.
50. Pank H. Gorgie City Farm Community Gardening Project: Social Return on Investment (SROI) Report. Edinburgh: Federation of City Farms & Community Gardens Gardening Project; 2011. https://www.farmgarden.org.uk/resource-centre/research/gorgie-city-farm-social-return-on-investment-sroi-report.
51. Tong L, Sopheab H, Sovannary T. "Doing More with Less": Social Return on Investment on KHANA Integrated Care and Prevention Program. Hove: International HIV/AIDS Alliance; 2012.
52. Action on Addiction. SROI Analysis: A Social Return on Investment Analysis of the M-PACT (Moving Parents and Children Together) Programme. Salisbury: Action on Addiction; 2014.
53. Bagley A. Leeds Survivor Led Crisis Service: A Social Return on Investment Analysis. Leeds: Real-Improvement; 2012. http://www.lslcs.org.uk/wp-content/uploads/Summary-report-final-May12.pdf.
54. Bradly J. Social Return on Investment: Evaluation of the Leicestershire and Rutland Community Safer Sex Project. Leicester: Leicester County Council; 2010. http://www.lsr-online.org/uploads/cssp-sroi-evaluation-final.pdf.
55. Bradly J, Butler W, Leathem K. A Social Return on Investment (SROI) Analysis of Double Impact Citywide Services in Nottingham for People Recovering from Alcohol/Drug Dependence. Nottingham: Lodestar; 2013. http://www.doubleimpact.org.uk/wp-content/uploads/2013/10/SROI-Report-DI-2013-08.pdf.
56. COUI UK. Social Return on Investment: COUI - The Teen & Toddlers Programme. COUI: London; 2010. http://www.teensandtoddlers.org/images/stories/PDFs/Microsoft-Word---COUI-Teens.pdf.
57. Eckley L. Befriending at the Quays: A Social Return on Investment Analysis. Liverpool: Liverpool John Moores University, Centre for Public Health; 2013.
58. Forth Sector Development. Restart: Social Return on Investment Report. Edinburgh: Forth Sector Development; 2007.
59. Goodspeed T. Forecast of Social Return on Investment of Workwise Activities (April 2009 to March 2010). Bury St Edmunds, Suffolk: Workwise; 2009. http://socialenterprisefund.ca/wp-content/uploads/2010/10/Workwise-Assured.pdf.
60. Lobley N, Carrick K, McNiven V. "Bums Off Seats" A Social Return on Investment Evaluation Report. Glasgow: Greenspace Scotland; 2012.
61. Kennedy R, Phillips J. Social Return on Investment (SROI): a Case Study with an expert patient Programme. SelfCare. 2011;2:10-20. http://www.selfcarejournal.com/uploads/products/10035/pdf/Kennedy%202.1%3B10-20.pdf.
62. Shipley R, Hamilton L. Healthwise Hull. Goodwin Development Trust: Hull; 2011.
63. Somers AB. A Social Return on Investment Analysis, 2005-2006. MillRace IT: Chelmsford; 2005.
64. Frontier Economics. Social Return on Investment: Report for WRVS. Cardiff; 2011. http://www.royalvoluntaryservice.org.uk/our-impact/reports-and-reviews/social-return-on-investment.
65. Social Ventures Australia (SVA) Consulting. Spinal Cord Injuries Australia's National Walk On Program. Melbourne: Spinal Cord Injuries Australia; 2013.
66. Satchwell Smith P. Social Return on Investment Analysis. Harare: Positive Initiative Trust (PIT); 2012.
67. Harrison M. Valuing the Future: The Social Discount Rate in Cost-benefit Analysis. Productivity Commission: Canberra; 2010.
68. Greene JC, Caracelli VJ, Graham WF. Toward a Conceptual Framework for Mixed-Method Evaluation Designs. Educ Eval Policy An. 1989;11:255-74.
69. Cheung Y-W. Purchasing Power Parity. In: Reinert KA, Rajan RS, Glass AJ, Davis LS, editors. The Princeton Encyclopedia of the World Economy. Princeton: Princeton University Press; 2009. p. 942-4.
70. Hiles DR. Transparency. In: Given LM, editor. The SAGE Encyclopedia of Qualitative Research Methods. London: SAGE Publications; 2008. p. 891-3.
71. Nicholls J. Why measuring and communicating social value can help social enterprise become more competitive. Working Paper. University of Birmingham: Birmingham; 2007. http://www.procurementcupboard.org/Files/18%20Whole%20life%20%20measuring-communicating-social-value%5b1%5d.pdf.
72. Harlock J. Impact measurement practice in the UK third sector: a review of emerging evidence: Third Sector Research Centre Working Paper 106. Birmingham: University of Birmingham; 2013. http://www.birmingham.ac.uk/generic/tsrc/documents/tsrc/working-papers/working-paper-106.pdf.
73. Cabinet Office. Public Services (Social Value) Act 2012. London: TSO; 2012. http://www.legislation.gov.uk/ukpga/2012/3/enacted.
74. Cabinet Office. Social Value Act: information and resources. London: TSO; 2015. https://www.gov.uk/government/publications/social-value-act-information-and-resources/social-value-act-information-and-resources.
75. Kumar SR. Social return on investment (SROI) analysis: A new tool for strategic decision making, planning, and evaluation for managers, investors, and policy makers in international aid and development. PhD Thesis. Los Angeles: University of California; 2011. p. 193.
76. American Veterinary Medical Association. One Health: A New Professional Imperative. Schaumburg, Illinios; 2008. https://www.avma.org/KB/Resources/Reports/Documents/onehealth-final.pdf.
77. Kumar SR. Social Return on Investment (SROI) Analysis: An Innovative Framework for Measuring the Impact of One Health. Planet@Risk 2014; 2: Special Issue on One Health (Part I/II). Davos: Global Risk Forum GRF Davos; 2014. p. 150-4. https://planet-risk.org/index.php/pr/article/view/104/190.
78. King N. Making the case for sport and recreation services: The utility of social return on investment (SROI) analysis. Int J Public Sector Manag. 2014;27:152-64.
79. Banke-Thomas A, Wilton-Waddell O, Kouraogo S, Mueller J. Current Evidence Supporting Obstetric Fistula Prevention Strategies in Sub Saharan Africa: A Systematic Review of the Literature. Afr J Reprod Healt. 2014;18:118-27.
80. Organisation for Economic Co-operation and Development, Development Assistant Committee. List of ODA Recipients. http://www.oecd.org/dac/stats/49483614.pdf.
81. World Health Organization. Improving Data Quality: A Guide for Developing Countries. Manilla, Phillipines: World Health Organization; 2003. Available at: http://www.wpro.who.int/publications/docs/Improving-Data-Quality.pdf.
82. O'Cathain A, Murphy E, Nicholl J. Three techniques for integrating data in mixed methods studies. BMJ (Clinical research ed). 2010;341:c4587.
83. Netten A, Beadle-Brown J, Trukeschitz B, Towers A, Welch E, Forder J, et al. Measuring the outcomes of care homes: final report. Canterbury: Personal Social Services Research Unit; 2010. http://www.pssru.ac.uk/pdf/dp2696-2.pdf.
84. Social Value UK. Launch of Social Value International and Social Value UK. http://socialvalueuk.org/news/435-social-value-international-and-social-value-uk-launch.
85. Emerson J, Wachowicz J, Chun S. Chapter 8: Social Return on Investment: Exploring Aspects of Value Creation in the Nonprofit Sector. Los Angeles: Roberts Foundation; 2000. http://www.redf.org/wordpress/wp-content/uploads/2013/10/REDF-Box-Set-Vol.-2-SROI-Paper-2000.pdf.
86. Nicholls J, Lawlor E, Neitzert E, Goodspeed T, Cabinet Office. A Guide to Social Return on Investment. London: Cabinet Office; 2009. http://www.neweconomics.org/publications/entry/a-guide-to-social-return-on-investment.
87. Weatherly H, Drummond M, Claxton K, Cookson R, Ferguson B, Godfrey C, et al. Methods for assessing the cost-effectiveness of public health interventions: Key challenges and recommendations. Health Policy. 2009;93:85-92.
88. Husereau D, Drummond M, Petrou S, Carswell C, Moher D, Greenberg D, et al. Consolidated Health Economic Evaluation Reporting Standards (CHEERS)-explanation and elaboration: a report of the ISPOR Health Economic Evaluation Publication Guidelines Good Reporting Practices Task Force. Value Health. 2013;16:231-50.
89. Social Value UK. The Assurance Process. http://socialvalueuk.org/sroi-analysis/assurance.
90. Social Ventures Australia (SVA) Consulting. Social Return on Investment, Lessons Learned in Australia. Sydney: Social Ventures Australia; 2012. http://socialventures.com.au/assets/SROI-Lessons-learned-in-Australia.pdf.
91. Spier R. The history of the peer-review process. Trends in Biotechnology. 2002;20:357-8.
92. Gair C. SROI act II: A call to action for next generation SROI. London: REDF; 2009.