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.
The Health Insurance Portability and Accountability Act of 1996 (HIPAA; Pub.L. 104â191, 110 Stat.1936, enacted August 21, 1996) was enacted by the United States Congress and signed by President Bill Clinton in 1996.hese rules apply to covered entities as defined by HIPAA and the HHS. Covered entities include health plans, health care clearinghouses, such as billing services and community health information systems, and health care providers that transmit health care data in a way that is regulated by HIPAA.