U.S. Bancorp's (USB) Arm Acquires Healthcare Payment Platform

U.S. Bancorp’s (USB) lead banking division, U.S. Bank, expands its focus on the healthcare industry with the acquisition of Salucro Healthcare Solutions LLC. The buyout was completed on Aug 21, 2024. The financial terms of the deal were kept under wraps.Based in Tempe, AZ, Salucro is a provider of healthcare financial technology with a primary focus on patient payments and billing. Previously, Salucro had been a partner of Elavon, a subsidiary of U.S. Bank. In 2022, U.S. Bank made its initial investment in ...