Sample Letter for Raising Rates - Retirement Home
[Your Name] [Your Address] [City, State, ZIP] [Date] [Retirement Home Name] [Retirement Home Address] [City, State, ZIP] Subject: Notice of Rate Increase Dear [Retirement Home Name] Management, I hope this letter finds you well. I am writing to inform you about the need for a rate increase at [Retirement Home Name]. We greatly appreciate the exceptional care and services provided by your dedicated staff, which have positively impacted the quality of life for our loved ones who call your facility home. We understand that every business faces various operational costs, and it is with this understanding that we kindly request your attention to the following details regarding the rate increase for our loved ones' accommodations. Reason for the Rate Increase: A thorough analysis of the current market trends, rising operational costs, including inflation, maintenance expenses, insurance premiums, and staffing requirements, has led us to conclude that a rate increase is necessary to continue providing the high standard of care and amenities that [Retirement Home Name] has always been known for. Effective Date and New Rates: In light of the above, we propose the rate increase to be implemented on [effective date], allowing for ample notification so that residents and their families can plan accordingly. The new rates will be as follows: 1. Room Type A (e.g., Standard Suite): — Current Rate: $[current rate— - New Rate: $[new rate] 2. Room Type B (e.g., Deluxe Suite): — Current Rate: $[current rate— - New Rate: $[new rate] 3. Room Type C (e.g., Premium Suite): — Current Rate: $[current rate— - New Rate: $[new rate] Understanding the Impact: We acknowledge that any increase may pose financial challenges for some residents and their families. Hence, we have thoughtfully considered the rate adjustments to balance the need for sustainability with the desire to minimize the burden on our residents. We remain committed to providing the highest level of care and ensuring that all residents continue to receive the attention and support they deserve. Communication and Assistance: Should any resident or their family require assistance in understanding the rate increase or discussing possible options, we encourage them to contact the administrative office at [phone number]. Our team will be available to provide guidance and explore potential solutions to accommodate their needs. We sincerely appreciate your understanding and unwavering commitment to maintaining the well-being and comfort of our loved ones. Together, we can ensure that [Retirement Home Name] remains the preferred choice for seniors seeking a nurturing and safe community. Thank you for your attention to this matter. We look forward to continued open communication and your swift response. Warm regards, [Your Name] [Your Contact Information]
[Your Name] [Your Address] [City, State, ZIP] [Date] [Retirement Home Name] [Retirement Home Address] [City, State, ZIP] Subject: Notice of Rate Increase Dear [Retirement Home Name] Management, I hope this letter finds you well. I am writing to inform you about the need for a rate increase at [Retirement Home Name]. We greatly appreciate the exceptional care and services provided by your dedicated staff, which have positively impacted the quality of life for our loved ones who call your facility home. We understand that every business faces various operational costs, and it is with this understanding that we kindly request your attention to the following details regarding the rate increase for our loved ones' accommodations. Reason for the Rate Increase: A thorough analysis of the current market trends, rising operational costs, including inflation, maintenance expenses, insurance premiums, and staffing requirements, has led us to conclude that a rate increase is necessary to continue providing the high standard of care and amenities that [Retirement Home Name] has always been known for. Effective Date and New Rates: In light of the above, we propose the rate increase to be implemented on [effective date], allowing for ample notification so that residents and their families can plan accordingly. The new rates will be as follows: 1. Room Type A (e.g., Standard Suite): — Current Rate: $[current rate— - New Rate: $[new rate] 2. Room Type B (e.g., Deluxe Suite): — Current Rate: $[current rate— - New Rate: $[new rate] 3. Room Type C (e.g., Premium Suite): — Current Rate: $[current rate— - New Rate: $[new rate] Understanding the Impact: We acknowledge that any increase may pose financial challenges for some residents and their families. Hence, we have thoughtfully considered the rate adjustments to balance the need for sustainability with the desire to minimize the burden on our residents. We remain committed to providing the highest level of care and ensuring that all residents continue to receive the attention and support they deserve. Communication and Assistance: Should any resident or their family require assistance in understanding the rate increase or discussing possible options, we encourage them to contact the administrative office at [phone number]. Our team will be available to provide guidance and explore potential solutions to accommodate their needs. We sincerely appreciate your understanding and unwavering commitment to maintaining the well-being and comfort of our loved ones. Together, we can ensure that [Retirement Home Name] remains the preferred choice for seniors seeking a nurturing and safe community. Thank you for your attention to this matter. We look forward to continued open communication and your swift response. Warm regards, [Your Name] [Your Contact Information]