Payment by Results is a new commissioning model increasingly used across the world as governments try to get maximum impact from public services.
It has many fans and just as many detractors, but love it or hate it, you still need to understand it. Although PbR is a simple concept, it has generated a whole new dictionary of jargon which can make it appear much more complicated than it really is. In this infographic, Russell demystifies this jargon by providing concise, easy-to-understand explanations of some of the key terms. So, if you’re unsure what “creaming and parking” is or don’t know whether you want a “Black Box” contract, 2 minutes spent reading this infographic will put you in the picture.
Source: http://infographixdirectory.com/economy/payment-results-jargon-demystified-infographic/
