What is the name of the financial record generated by a provider's office that tracks charges and payments?

• A. Patient Ledger Account
• B. Accounts Receivable Ledger
• C. General Ledger
• D. Cash Receipts Journal

Answer: (A)

Tracking a patient’s financial activity is done with a patient ledger account. This record shows each service charge posted to the patient, any payments received, and adjustments, producing the running balance due. It’s the per-patient view that enables accurate statements and helps the office manage outstanding balances. The general ledger sums all financial activity for the practice and isn’t patient-specific. The accounts receivable ledger tracks money owed to the practice, typically by customer, but it doesn’t detail individual charges and payments for a single patient in one place. The cash receipts journal records cash inflows but not the full per-patient charge/payments history. Therefore, the patient ledger account best captures charges and payments for an individual patient.