Billionaire Patrick Soon-Shiong’s health care technology holding company NantWorks has completed the acquisition of NaviNet, Inc., a platform which connects patients and insurers, the company announced Tuesday.

“The acquisition of NaviNet completes our 10-year vision at NantWorks and NantHealth to integrate and coordinate our complex health care ecosystem from the knowledge domain, to the care delivery domain and now to the payer domain, as a single sign-on, seamless, cloud-based, secure adaptive learning system for patients, payers, and providers,” said Soon-Shiong in a statement.

In an interview with the Los Angeles Business Journal, Soon-Shiong also said that the public offering for NantHealth, which had been planned for last year, was delayed as a result of the integration and acquisition of NaviNet.

“We will spend the time integrating NaviNet and when the market is right we’ll visit the timing of the IPO.”

Last year, the price of biotech stocks tumbled as an array of voices called for regulatory agencies to rein in drug prices, but Soon-Shiong said that stock prices had not been a factor in the company’s decision to postpone its IPO.

Asked how NaviNet would help NantHealth in the future, Soon-Shiong said that the company’s platform, which is used by 450,000 care providers on a daily basis, would serve as a knowledge exchange engine that would further help patients get necessary treatment at the lowest cost.

Details of the transaction were not disclosed.