Fortis Healthcare Ltd has signed an Operations and Management (O&M) agreement with Dion Group to establish a 300-bed greenfield multi-specialty hospital at Dion Riverside Township in Cuttack, marking its first major presence in Odisha.
The collaboration forms part of Fortis Healthcare’s strategy to expand its national footprint through brownfield expansion, inorganic growth, operations and management agreements, and asset-light models.
Comprehensive care
Once operational, the facility will provide tertiary and quaternary care services supported by advanced diagnostics, critical care infrastructure and specialised clinical programmes.
The project is expected to strengthen access to specialised treatment, reduce the need for patients to travel outside the State for complex procedures, and support the development of advanced clinical services, medical talent and healthcare innovation.
Leaders comment
Fortis Healthcare Managing Director and CEO Dr. Ashutosh Raghuvanshi said: “This collaboration represents an important milestone in Fortis Healthcare’s growth journey and reflects our continued commitment to expanding high-quality healthcare infrastructure across India.”
“This collaboration brings together Fortis’ proven clinical and operational expertise with our vision of creating modern healthcare infrastructure for the State,” Dion Group Promoter Manoj Sahoo said.
Company’s background
Dion Group, which has an established presence in Odisha through residential, commercial and integrated township projects, is expanding into hospitality and healthcare infrastructure.
Fortis Healthcare currently operates 36 healthcare facilities across 12 States and Union Territories, with more than 6,000 operational beds, including O&M beds, and a network of 400 diagnostic laboratories.