Acquisition of Comfort Care Hospice Leads to Name Change, Appointment of new CEO
DALLAS, TX – Comfort Care Hospice, a leading hospice care provider serving the Dallas-Fort Worth market, has been acquired and rebranded as SilverStone Hospice. The rebranding signals the acquiring group’s expansion plans and enhanced purpose, which will soon include upcoming home health care and palliative care service lines. Additionally, Alfonso Montiel has been named as SilverStone Hospice’s chief executive officer.
“Our goal is to grow a Texas-focused business through aggregating a series of acquisitions. We are benefiting from a highly fragmented market serving a rising demand and gaps in levels of care.” said Montiel, CEO at SilverStone Hospice. “Our mission is to empower families to provide the best care and experience for their loved ones.”
Fifty years ago, the first U.S. hospice resulted from one person, the dean of the Yale School of Nursing, becoming a volunteer caring for the dying during her year-long sabbatical at hospice in London. Fifty years later, Montiel began his journey in end-of-life care as a vigil volunteer. Inspired by the passing of a close relative, he began caring for patients alongside a hospice care team during a patient’s last hours of life. Through this experience, Montiel gained an awareness for how end of life healthcare businesses can bring connection, purpose and meaning. Convinced of the benefits of home care over hospital settings for terminally ill patients, a year later, he acquired Comfort Care Hospice.
Montiel’s professional profile includes founding a $150 million private equity hedge fund, strategy development for Fortune 500 companies, and serving as CEO for The Lemon Tree Trust, a charitable initiative that supports gardening in refugee camps. He also is a law graduate and earned his Master of Business Administration degree at Columbia University.
Montiel is committed to changing the conversation about hospice. He believes too often that patients are kept in the acute care system for longer than they should be due to various factors, including late physician referrals, lack of family understanding about hospice and cultural barriers.
“I like to say that we work with the living, not the dying,” said Montiel. “Hospice has been proven to prolong life for patients who receive these services early enough in their diagnosis, as they tend to receive better care. At SilverStone, we see plenty of these cases.”
He is joined by industry veterans with track records spanning 30 years in hospice with one goal in mind – to make SilverStone Hospice the pioneering organization in end-of-life-care and to build better opportunities for patients and families to have a voice in their desired end of life care plan.
According to Montiel, SilverStone Hospice offers beyond what’s expected by regulation; filling the gap where other hospice companies fail with its No One Dies Alone program.
“Our clinical team is truly exceptional. The levels of care and support that we provide is an extension of our team’s deep dedication to honoring each patient’s voice and advocating for their needs and wants at the end of life, as we would our own family,” said Montiel.