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May & Stanley Smith Charitable Trust

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New Approach to Helping Veterans with PTSD Succeed in the Workplace

Veterans December 12th, 2018
A new approach to helping veterans with PTSD succeed in the workplace using an Individual Placement and Support (IPS) strategy was launched earlier this month on the East Coast.
The Veterans Coordinated Approach to Recovery and Employment (Veterans CARE) is the first of its kind pay-for-success (PFS) public-private partnership between the VA, Social Finance, local government, and impact investors. IPS is an evidence-based approach to supported employment that improves outcomes by providing long-term workplace support. Veterans CARE is a $5.1 million, three-year demonstration project that will serve up to 500 veterans. PFS projects receive initial funds from private investors, which is repaid to them by government agencies when and if the project achieves measurable outcomes.