Fortis Healthcare signs agreement with Dion Group for 300-bed multi-specialty hospital in Cuttack

Fortis Healthcare has signed an Operations and Management (O&M) agreement with Dion Group, one of Odisha's leading real estate and infrastructure development groups, for a 300-bed greenfield multi-specialty hospital to be developed at Dion Riverside Township, Trishulia in Cuttack, Odisha.

Headquartered in Bhubaneswar, Dion Group has established a strong presence in the state through landmark residential, commercial and integrated township developments and is currently expanding its footprint across hospitality and healthcare infrastructure.

Once operational, the facility will serve as a major tertiary care destination for Odisha and neighbouring regions, bringing advanced clinical expertise, cutting-edge medical technology, and globally benchmarked healthcare services closer to patients.

Strategically located within the rapidly developing Cuttack-Bhubaneswar corridor, the hospital is envisioned as a Centre of Excellence for multiple specialties and will significantly strengthen access to advanced healthcare across Eastern India. The facility will offer comprehensive tertiary and quaternary care services supported by advanced diagnostics, critical care infrastructure, and specialised clinical programmes.

The collaboration marks Fortis Healthcare's first major presence in Odisha and forms part of the company's broader strategy to expand access to quality healthcare across the country through a combination of brownfield expansion and inorganic growth initiatives, including operating and management agreements and asset-light growth models.

The proposed hospital is expected to contribute significantly to the region's healthcare ecosystem by enhancing access to specialised treatment, reducing the need for patients to travel outside the state for complex medical care, and creating a robust platform for advanced clinical services, medical talent, and healthcare innovation.