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Valley clinic may get grant.

Knight Ridder/Tribune Business News

| February 25, 2005 | COPYRIGHT 1999 Knight-Ridder/Tribune Business News. (Hide copyright information)Copyright

By Brent Hopkins, Daily News, Los Angeles Knight Ridder/Tribune Business News

Feb. 25--NORTH HOLLYWOOD -- The money that came out of acrimonious negotiations surrounding the merger of Anthem Inc. and WellPoint Health Networks may give the Valley Community Clinic a roof that doesn't leak.

As part of a $265 million bargain struck between California Insurance Commissioner John Garamendi and WellPoint Inc., VCC and more than 700 other centers like it will be able to vie for $35 million in grants to provide for low-income and under-served residents. WellPoint ceremonially signed the money over to the state on Thursday, allowing clinics to receive grants by …

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