Net income is what remains after subtracting all the costs (namely, business, depreciation, interest, and taxes) from a companyâs revenues. It is sometimes called the bottom line.
The Health Insurance Portability and Accountability Act (HIPAA) is a law that was passed in 1996, designed primarily to modernize the flow of health information. At the time, most medical records were in paper form, but it was becoming clear that health data would become digital in the future.
In 1996, HIPAA or the Health Insurance Portability and Accountability Act (HIPAA) was enacted into law. This law has had a significant impact on the health care industry including the need for numerous changes in the way we communicate with our patients, their families, and with each other. This law provides rights to patients and safeguards for employees. It affects everyone in a health care setting.