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.
A. HIPAA stands for Health Insurance Portability and Accountability Act of 1996. It is a set of federal rules designed in part to protect the privacy of a personâs health care information. A. Privacy, the first HIPAA Rule, went into effect April 14, 2003. More Rules were phased in over time.