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U.S. Bank Acquires Healthcare Payments Platform Salucro Healthcare Solutions; Financial Terms Are Not Disclosed

Author: Benzinga Newsdesk | August 22, 2024 09:07am

Acquisition further expands bank's focus on healthcare industry

U.S. Bank, lead bank of U.S. Bancorp (NYSE:USB), has acquired Salucro Healthcare Solutions LLC. The Tempe, Arizona-based company provides healthcare financial technology, focused on patient payments and billing.

Founded in 2004, Salucro is a market leader in providing online billing and payments offerings for healthcare providers across the United States. Salucro had previously been a partner of Elavon, the merchant acquiring unit within U.S. Bank. U.S. Bank initially invested in Salucro in 2022, and Salucro's platform is sold through Elavon as MedEpay.

Posted In: USB

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