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Also, there is a strong dependence on short-term debt (short leverage [SLEV]), especially in the public sector, suggesting some financial imbalance in current management, with no margin of financial security. In private hospitals, a more considered strategic definition is demonstrated, without current management risks.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Originality\/value<\/jats:title><jats:p> As far as the authors are aware, this article is original and covers an important gap in the literature when considering the determinants of debt maturity in public and private hospitals in Portugal, a country where the debate about the essence of the National Health System, it\u2019s in the news every day.<\/jats:p><\/jats:sec>","DOI":"10.1108\/jhom-03-2024-0121","type":"journal-article","created":{"date-parts":[[2024,12,13]],"date-time":"2024-12-13T09:27:12Z","timestamp":1734082032000},"page":"641-664","source":"Crossref","is-referenced-by-count":1,"title":["Differences in capital structure between public and private hospitals: new evidence from a small country banking system using panel 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