Actually you are looking for a special solution f(x,y) =
g(2*(x^2+y^2))
> (x^2+y^2-2*A)*f(x,y)-1/4*diff(f(x,y),x,x)-1/4*diff(f(x,y),y,y):
> simplify(subs(f(x,y)=g(2*(x^2+y^2)), %)):
> convert(%,D):
> simplify(subs(y^2=z/2-x^2,%)):
> convert(%,diff);
1/2*g(z)*z-2*g(z)*A-2*diff(g(z),z)-2*diff(diff(g(z),z),z)*z