http://www.healthcaredive.com/news/why-catholic-health-is-bowing-out-of-the-insurance-field/421923/

Dive Brief:

• Tired of steep losses, Catholic Health Initiatives is looking to sell its health plan subsidiary, Modern Healthcare reported.
• QualChoice Health, previously known as Prominence Health, sells Medicare Advantage and commercial plans to employers in six states.
• CHI began buying up health plans three years ago as a way to adhere to the Affordable Care Act and compete with other carriers.