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 stands for Health Insurance Portability and Accountability Act.. Bill Clinton signed the bill into law on August 21, 1996. It is said to be the most significant act of Federal legislation to affect the health care industry since Medicare and Medicaid were rolled out in 1965.he HIPAA law also addresses the exchange of health information between health care providers, pharmacies, health insurance companies, employers, and patients. With the advent of technology and ease of information transfer, it's really easy to breach a patient's privacy---whether intentionally or otherwise.