Judgment reversed, on the law, with $20 costs and disbursements, determination confirmed, and petition dismissed on the merits.
The subject nursing home was built in 1965 at a cost of $765,269. In 1971 the facility (including land) was sold to its present owner for $2,145,000. In our opinion, the Medicaid reimbursement rate thereafter fixed by the appellant State Commissioner of Health for the new owner's property cost factor was authorized and consistent with the...
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