Fairport, NY – [December 30, 2014] – The Healthcare Financial Management Association (HFMA) today announced that, following a rigorous interim review, First American Healthcare Finance has continued to achieve the "Peer Reviewed by HFMA®" standard for its Equipment Finance Solutions.
First American provides equipment leasing and financing solutions, enabling healthcare organizations to acquire, upgrade, and replace their capital equipment. First American specializes in financing complex projects involving medical and technology equipment, as well as software, build-outs and services.
"We are honored to have earned this elite designation for a fifth consecutive year," said Lori Dennis, Senior Vice President of First American Healthcare Finance. "Our team is dedicated to upholding the high standards established by HFMA while exceeding the expectations of our valued customers."
HFMA's Peer Review process provides healthcare financial managers with an objective, third-party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review comprised of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
"We're pleased to have First American Healthcare Finance renew their HFMA Peer Reviewed designation," says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. "The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed product or service meets an objective third-party assessment of overall effectiveness, quality, and value."
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. hfma.org