U.S. Bank Names Eric Levine to Lead Healthcare Payments

MINNEAPOLIS--(BUSINESS WIRE)--Eric Levine has joined U.S. Bank to lead the bank’s strategy to deliver more connected treasury, payments and merchant solutions to healthcare organizations.

As head of healthcare for Payments: Merchant and Institutional (PMI) Sales Distribution, Levine will advance the company’s focus on aligning cross-bank teams to deliver tailored solutions to the healthcare industry, including hospital systems, payers, medical device manufacturers and life sciences companies.

Levine will report to Peter Geronimo, executive vice president and head of PMI Sales Distribution. Geronimo joined U.S. Bank in February from Citi to build the new PMI Sales Distribution team.

“Healthcare is a priority area for U.S. Bank, with significant opportunity to help clients simplify complex payments, improve working capital and create better experiences for the people and organizations they serve,” said Geronimo. “Eric brings deep sector expertise, a strong treasury and payments background and a client-first mindset that will help us accelerate growth and deliver more value to healthcare clients.”

Levine has more than 20 years of experience in global payments, treasury solutions and the healthcare and pharmaceutical sectors. He joins U.S. Bank from Bank of America, where he helped deliver global payment solutions to large pharmaceutical and medical device companies. Previously, he served in payments leadership roles at Citi and JPMorgan. He is based in Chicago.

“Healthcare finance leaders are under increasing pressure to improve margins, strengthen cash flow visibility and simplify an increasingly complex payments landscape,” Levine said. “I’m excited to join U.S. Bank to help clients modernize their revenue cycle, streamline payments and unlock working capital. By bringing together treasury, merchant and payment capabilities, we can deliver practical, integrated solutions that improve financial performance while supporting a better experience for patients and providers alike.”

U.S. Bank continues to invest in its payments capabilities and leadership team as part of a broader Payments Transformation, one of the top three enterprise priorities at U.S. Bank. The company’s PMI organization brings together merchant acquiring, treasury management and corporate payments capabilities to help large institutional clients move money with greater speed, visibility and control.

About U.S. Bancorp

Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Our three major business lines serve 15 million clients globally, and our team of nearly 70,000 people invest our hearts and minds to power human potential every day. Ranked 110th on the Fortune 500, we are deeply respected for our culture and long-term stewardship and admired for our diversified business mix and product capabilities.