Finance and Business Strategy

First American supports healthcare organizations with strategic financing solutions

December 2, 2024 3:58 pm

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

With over 1,000 healthcare clients nationwide, First American understands the unique pressures healthcare organizations face, from rapid technological advancements to financial constraints. We offer customized leasing and financing solutions tailored to each client’s needs, enabling them to invest in critical equipment and infrastructure while prioritizing growth and maintaining financial flexibility. Our strategic financing solutions help healthcare leaders manage costs and stay within budget as industry demands evolve.

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

It is important to select vendors who are reliable, transparent and aligned with your strategic goals. Leveraging relationships with your peers and trusted industry associations, like HFMA, can provide valuable insights into a vendor’s capabilities and reputation. Clear communication is key — be upfront about your priorities and outcomes so vendors can assess if they’re a right fit for your organization. Vendors who truly understand your vision are better equipped to provide solutions that support your long-term success.

3 What advice can you offer providers for successful implementation of a new product or service?

Successful implementation begins with thorough planning and open communication. By asking questions and candidly discussing any challenges or concerns with your vendor, you give them the opportunity to provide clarity and adjust their approach based on your unique needs. Flexibility is essential — being open to new insights and trusting your vendor’s experience and expertise may introduce an alternative approach with an outcome that is better than originally expected.

Quick Facts

  • 14 years on the Short List
  • 90% of peer reviewers agree or strongly agree that First American Equipment Finance meets a critical need in the healthcare industry.

About First American Equipment Finance

First American Equipment Finance, an RBC/City National Company, is a leader in equipment leasing and financing, ranking among the country’s largest lessors by both business volume and net assets. Since 1994, thousands of organizations across the U.S. and Canada have relied on First American for custom funding solutions to help them invest in their business and achieve continued success. Helping our clients succeed is at the heart of everything we do. By leveraging best-of-breed technology and aligning ourselves to the industries we serve, we’re uniquely equipped to deliver an exceptional experience for each long-term relationship we earn.

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

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