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) began as a âportability actâ to help individuals keep their health insurance coverage as they moved from one job to another. HIPAA evolved to include much more than portability.ongress passed HIPAA, but did not pass a federal medical privacy statute, so the Dept. of Health and Human Services (HSS) was required to develop regulations that specified patientsâ rights to health privacy.