White, Alan 1998-11-30

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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

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Recording Format Notes:

Transcript:



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