Change Healthcare has announced the acquisition of intellectual property and other assets from PokitDok, a healthcare application program interface (API) company. A key component of the transaction is that Change Healthcare will now be able to leverage PokitDok’s blockchain use cases and expertise.

“This acquisition is about practical innovation to create a more connected, transparent and efficient healthcare system where patients control their own information,” Kris Joshi, PhD, executive vice president and president of network solutions for Change Healthcare, said in a prepared statement. “As the leader in blockchain for healthcare and with one of the most extensive open API marketplaces available, with PokitDok we are bringing together synergistic assets and technical expertise for delivering additional capabilities to our customers and accelerated value to digital health markets.”

“PokitDok‘s capabilities accelerate the launch of Change Healthcare’s API and Services Marketplace, which is designed to address the needs of organizations ranging from innovative healthcare startups to established healthcare entities and large-scale IT companies,” Gautam Shah, vice president of APIs and marketplaces for Change Healthcare, said in the same statement. “The combination of assets, technical talent, and market presence will enable our customers and partners with the tools, community, and expertise to leverage data and technology to create innovative solutions for all parts of the healthcare ecosystem: payers, providers, and consumers.”