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.
Answer: HIPAA stands for the âHealth Insurance Portability and Accountability Actâ, a groundbreaking piece of healthcare legislation signed into law by President Bill Clinton in 1996 that forever changes the rules of regulatory compliance for the broader healthcare industry in North America.