Chicago — July 1, 2013 – The Healthcare Financial Management Association (HFMA) today announced that, following rigorous review, First American Healthcare Finance has once again achieved the "Peer Reviewed by HFMA®" standard for its Equipment Financing Solutions.
First American provides equipment leasing and financing solutions, enabling healthcare organizations to acquire, upgrade or replace their capital equipment. First American specializes in financing complex projects involving medical and technology equipment, as well as software and services.
"We are delighted and humbled to have earned this elite designation for a fourth straight year," said Rick Blowers, Senior Vice President of First American Healthcare Finance. "This distinction is incredibly meaningful to us. The criteria used to earn the Peer Reviewed by HFMA designation are the very same criteria on which we judge ourselves every day: operate with transparency, be easy to use, provide value, and exceed expectations. We intend to uphold the high standards established by HFMA for years to come."
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 evaluation that assesses overall effectiveness, quality, and value."
HFMA provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 40,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues.
Healthcare Financial Management Association
About First American Healthcare Finance
First American Healthcare Finance is headquartered in Fairport, New York and is a subsidiary of City National Bank. First American provides leasing and financing services to healthcare organizations in all 50 states. The company is ranked among the 100 largest leasing companies in the United States and was again recognized among the Top 5 Best Places to Work in New York. The company has a longstanding reputation for professionalism and outstanding customer service among large, sophisticated healthcare borrowers.
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