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First American Healthcare Finance has achieved the Healthcare Financial Management Association (HFMA) Peer Reviewed designation. To earn Peer Reviewed status, a rigorous 11-step evaluation is conducted by an independent board comprised of your peers - respected members of the healthcare finance community. The Peer Review approval of First American Healthcare Finance is based on:
- Effectiveness
- Quality
- Ease of Use
- Value
- Customer Support
First American Healthcare Finance serves over 300 healthcare organizations nationwide and an important part of the Peer Review process was a third-party survey of our healthcare customers. Based on our culture of service and our commitment to continuous improvement, the Peer Review board determined that First American Healthcare Finance provides a superior customer experience.
First American provides customized financing solutions for projects ranging from modest PC upgrades to structured 7- and 8-figure leaselines of credit. The Company specializes in financing complex projects involving medical and IT equipment from a variety of suppliers. The Peer Review financial evaluation and legal review concluded that First American has the resources and reputation of integrity to serve HFMA, its members, and their organizations.
With over 35,000 members, HFMA is the leading membership organization for healthcare financial management executives and leaders. HFMA's Peer Review process was designed to provide healthcare professionals with valuable time savings when evaluating business partners. To learn more, visit www.hfma.org/peerreview .
* HFMA staff and volunteers determined that this product has met specific criteria developed under the HFMA Peer Review Process. HFMA does not endorse or guaranty the use of this product.
First American understands that hospitals, clinics, and medical research facilities have unique equipment and budgetary challenges. First American has extensive experience arranging leases for complex medical and information technology projects, consisting of hardware, software and consulting services. First American specializes in projects involving multiple suppliers with varied installation schedules.
Leasing provides healthcare institutions with financing that matches the useful life of the equipment better than traditional or bond financing. Leases also provide greater flexibility at the end of the lease term, and allow you to easily make upgrades, additions, and modifications to the leased equipment, or simply return it. Leasing is the ideal way to protect against technology obsolescence.
Leasing allows you to lock in your rate, eliminating the risk of rising market rates. A lease line can be established that is separate from your institution’s cash management facilities, and has little or no impact on your balance sheet or existing debt covenants.
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