Running a successful hospital involves proper management of the different processes within the organization. Proper management is needed to effectively ensure that all core functions proceed accordingly while still maintaining a stable financial state. Whether you are dealing with a small organization or a national network, efficiently managing the revenue cycle is one of the most important factors in having a successful healthcare facility. A steady revenue generation and reduced income leakage are some of the key aspects that keep any organization in good financial health. A hospital is a business, and as such, the basic principles of successful ventures apply.