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Fortis Healthcare signs O&M agreement with Dion Group
Jul-04-2026

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.

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.

Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning various countries.

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