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.
HIPAA 101: What does HIPAA stand for? Lets begin with the question What does HIPAA stand for? In full, HIPAA stands for the Health Insurance Portability and Accountability Act of 1996, or the HIPAA Act for short. Itâs a US privacy law to protect medical information like patients records and allow for confidential communication between patients and medical professionals.