White, Alan 1998-11-30
Lubbock banker Alan White discusses his involvement with the Covenant Health Care System and the merger of the Methodist Hospital with St. Mary's Hospital.
General Interview Information
Interviewee Name: Alan White
Additional Parties Recorded: None
Date: November 30, 1998
Location: Lubbock, Texas
Interviewer: Fred Allison
Length: 30 minutes
Abstract
Tape 1, Side 1: Alan White,
Born in Roswell, New Mexico,
Moved to Lubbock at the age of seven,
Graduated from Monterey High School,
Graduated from Texas Tech University (1972),
Began working for Lubbock National Bank (1969),
Wife: Lisa Magen,
Children: Erin and Amy,
Banking,
Lubbock National Bank,
Changes,
Government management,
Republic Bank,
President of the Lubbock branch,
Quit because of conflict of interest,
Plains National Bank,
Bought it in 1988,
Assets grew tremendously the next 10 years,
Origins,
Lubbock, Texas,
Economy,
Medical Community,
Changes,
Covenant Health Care System,
Methodist Hospital,
Board member for 10 years,
Chairman of Hospital Board for three years,
Chairman of System Board for 5 to 7 years,
Chairman of the Covenant Health Board,
Growth (1988-1996),
Financial problems,
$220 million debt,
Two administrators were let go,
Trying to make the hospital competitive,
Merger with St. Mary’s Hospital,
Reasons,
Church control,
Methodist Church,
Catholic Church.
Tape 1, Side 2: Church control (continued)
Local control of hospital
FTC (Federal Trade Commission)
Approval
Post-merger issues
Fourth largest health system west of Mississippi
Medicare
Opinions
[Side ends after 10 minutes].
Range Dates: 1972-1998
Bulk Dates: 1988-1998
Access Information
Original Recording Format:
Recording Format Notes:
Transcript:
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