Fort Wayne, Ind.-based Lutheran Health Network and its parent company Franklin, Tenn.-based Community Health Systems have settled their lawsuit against LHN's former CEO, according to The Journal Gazette.
Brian Bauer served as CEO of LHN from 2013 until he was fired in June 2017. In November 2017, CHS and LHN sued Mr. Bauer, alleging he violated the restrictive covenants of his stock option agreement by sharing confidential information with one of LHN's competitors.
Under the settlement agreement, Mr. Bauer is prohibited from disclosing any confidential or proprietary information obtained during his employment at LHN. He is also prohibited from soliciting any LHN employees for employment until June 13, 2020.
CHS, LHN and Mr. Bauer, who is now helping create Indianapolis-based Indiana University Health's primary care practice in the Fort Wayne area, agreed to keep other terms of the settlement confidential, according to the report.
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