Fortis Healthcare & Dion Group Ink Cuttack Hospital Deal

New Delhi, Jul 4 (PTI) Fortis Healthcare has signed an operations and

management (O&M) agreement with Dion Group, for a 300-bed greenfield multi-specialty hospital to be developed at Cuttack in Odisha.

The project cost for the new facility at Dion Riverside Township, Trishulia in Cuttack is around Rs 600 crore and is expected to be completed in 3-3.5 years, the company said.

Dion Group will develop the facility, which will be operated and managed by Fortis Healthcare.


"The upcoming 300-bed multi-specialty hospital will play a significant role in improving access to advanced tertiary care services for patients across Cuttack, Bhubaneswar, and neighbouring regions," Fortis Healthcare Managing Director & CEO, Ashutosh Raghuvanshi said.

Dion Group Promoter Manoj Sahoo said, "This collaboration brings together Fortis' proven clinical and operational expertise with our vision of creating modern healthcare infrastructure for the state."

The project will help address the growing demand for advanced healthcare services and provide patients access to quality medical care closer to home, he added.

Dion Group is a real estate and infrastructure development entity based in Odisha.