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 Final Omnibus Rule. The final omnibus rule was passed in January 2013 and became effective in March 2013. The rule is intended to strengthen HIPAA Privacy and Security Rules and Health Information Technology for Economic and Clinical Health (HITECH) Act.