LeadingAge NY Members to Earn Cashback Rebates on Unexpected COVID-19-Related Expenses
With the increased, unexpected expenses due to the COVID-19 pandemic, LeadingAge NY members now have the opportunity to use First American’s Commercial Card product as an alternative funding source to purchase the supplies they need. Additionally, with the recently announced LeadingAge NY Member Group Rebates Program, nursing homes can receive cashback rebates based on the group’s total spend. Common purchases range from supplies such as disposables, masks, and sanitizers to new equipment to upgraded software and technology. Nursing homes find value in having a corporate card that can earn benefits on the increased expenses they are incurring.
Key Features Include:
- Commercial Card Online platform integrates with accounting software
- Can improve liquidity and cash flow position
- Cards can be in hand within a few weeks
- 30-day billing cycle with 25-day grace period allows more time to make payments
Your New Group Rebate Benefits Include:
- Rebate percentage calculated based on total group spend
- No annual fees
- Rebates paid out annually to each participating member
- Full access to the Commercial Card Online platform
The Commercial Card Online platform will help LeadingAge NY members have more visibility, control, and reporting functions for their card transactions. Additionally, the site provides reconciliation tools and online expense reporting to help members save time and reduce paper.
To schedule a demo and/or obtain additional information, visit the LeadingAge NY Rebates landing page.
Your First American Representatives:
Austin Beck, Purchasing Card Specialist, First American Healthcare Finance
austin.beck@fahf.com | 585-643-3416
Michael Gsellmeier, Healthcare Funding Specialist, First American Healthcare Finance
michael.gsellmeier@fahf.com | 585-643-3380
About First American:
First American Healthcare Finance, an RBC / City National company, provides funding solutions to health care providers. Funded projects range from $250K to $100MM+, and commonly funded initiatives include EMR and software implementations and/or upgrades, medical and dental equipment acquisitions and/or upgrades, and expansion and/or renovation projects. First American has earned the HFMA Peer Reviewed designation and is a partner of the American Hospital Association.