Pleasant Ridge Manor posts operating gap; county subsidy rises to $2.5M

Auditors told the finance committee that Pleasant Ridge Manor recorded $28,900,000 in revenues against $34,800,000 in expenses in 2025, producing an operating gap that required a larger county subsidy. “The county subsidy in 2025 was 2,500,000,” auditor Natalie Caponi (speaker 7) said, noting the subsidy rose from $1,000,000 the prior year and that flat Medicaid and Medicare reimbursement rates contributed to the increased subsidy need.