What type of record would contain details of every financial transaction in a healthcare setting?

The correct answer is a transaction history file, which specifically comprises a detailed account of every financial transaction that occurs within a healthcare setting. This type of record is essential for tracking and managing the financial aspects of healthcare services. It emphasizes a comprehensive view of all transactions, including payments, adjustments, and outstanding balances, which is critical for accurate financial reporting and reconciliation.

This file serves as a chronological record, allowing healthcare providers to follow the flow of financial interactions, ensuring transparency and accountability in the financial management system. It also plays a key role in audits, financial analyses, and maintaining compliance with healthcare regulations.

In contrast, while an account ledger focuses on summarizing financial activities for particular accounts, a patient billing record specifically details the charges associated with individual patient services. A transaction log may record various types of activities but does not necessarily include the granular details of the financial transactions themselves.