Population Services International and the Elizabeth Glaser Pediatric AIDS Foundation are coming together under a new umbrella group, HealthX Partners — a parent company which, beginning next January, will control a combined budget of nearly half a billion dollars.
Both PSI and EGPAF will continue to operate independently, retaining their names, brands, and missions — but they will be subsidiaries to HealthX Partners. While technical and programmatic staff will remain at PSI and EGPAF, ultimately, the two organizations will share back-office functions at the HealthX Partners level, such as human resources, accounting, and finance. The HealthX board will have final decision-making power.
Through this new structure, PSI and EGPAF are hoping to streamline their operations while providing a more connected, comprehensive set of services.