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Article | Cost Reduction

First American – Providing funding solutions exclusively for healthcare organizations

Sponsored by First American
Article | Cost Reduction

First American – Providing funding solutions exclusively for healthcare organizations

How do you help healthcare organizations navigate the biggest challenges in healthcare?

Healthcare organizations have faced an overwhelming number of challenges in the past few years, and it is incredibly important to stay nimble and adapt quickly to change. First American’s funding solutions allow healthcare organizations to acquire leading-edge equipment and stay up to date with the latest technology, often paying less than cash. Vendors and banks also provide funding solutions, but they usually offer cookie-cutter programs and don’t focus solely on healthcare. Because First American works only with healthcare organizations, we understand your needs and can provide a faster, easier process. 

What advice would you offer to healthcare leaders when choosing among vendors?

Healthcare organizations have many unique attributes, so when choosing a vendor, leaders should look for vendors with expertise in the healthcare industry. First American works with over 900 healthcare organizations across the nation, and it often is the equipment-financing vendor of choice because of its healthcare industry expertise, award-winning culture, use of technology and the stability provided by its parent companies, City National Bank and RBC.

What is some advice you can give providers for a successful implementation of a new product or service?

Due diligence is an important step in choosing new products or services, but it’s time-consuming and can be difficult. Healthcare providers should choose a vendor or service provider that is Peer Reviewed or has already been vetted by an industry association to save time and gain confidence that they are using a trusted resource. 

Quick Facts

  • 10+ years on the Short List
  • 100% of peer reviewers agree or strongly agree that they would recommend First American's services to colleagues.

About First American Healthcare Finance

First American Healthcare Finance, an RBC / City National company, provides funding solutions to healthcare organizations. Funded projects range from $250K to $100MM+ and commonly funded projects include EMR and software implementations and/or upgrades, medical and dental equipment acquisitions, and expansion and renovation projects. First American has earned the HFMA Peer Reviewed designation, has a long-standing relationship with the American Hospital Association, and is a NACHC Corporate Partner.

Services Provided: Equipment financing and leasing solutions, commercial cards

For more information, contact Sara Fay, vice president, 585.643.3397 | sara.fay@fahf.com

To learn more about HFMA’s Peer Review program, visit hfma.org/peerreview

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