What is a verb? Got it all? Here's a summary. There are three categories of verbs (action, linking, helping). Only two can be main verbs (action, linking). Main means that the verb is strong enough to be the only verb in the sentence. Helping verbs are not main verbs. They help action and linking verbs.
âBAAâ is an acronym for  âbusiness associate agreement,â which is an industry term for what the HIPAA regulations call a âbusiness associate contract.â Same thing. BAAs are hybrid contractual and regulatory instruments, meaning they both satisfy HIPAA regulatory requirements and create liability between the parties.
Understanding whether the BAA or TAA applies to your procurement, and whether your products are compliant with the applicable standard is crucial to avoid liability under the False Claims Act and termination of a contract award. The BAA applies to supply contracts exceeding the $2,500 micro-purchase threshold, but that are below the TAA threshold (currently at $193,000).