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.
Ten years later these questions have largely been answered. HIPAA has evolved during the past decade and was greatly fortified by the 2009 HITECH Act and its HIPAA modification regulations released in January 2013.