Medanta may invest Rs 750-1,000 cr on high-end hospital in Odisha

Exact site yet to be identified, hospital will likely have a bed strength of 700-1,000

Super speciality healthcare chain Medanta-the Medicity is evaluating the possibility of setting up a high-end hospital in Bhubaneswar.

Though the exact site for the hospital is yet to be identified, Medanta chairman-cum- managing director Naresh Trehan indicated the investment could be anywhere in the range of Rs 750-1,000 crore on a hospital that can tentatively have a bed strength of 700-1,000.

“I had talks with the Odisha chief minister. The land for the proposed hospital is being surveyed. Normally, we invest Rs 750-1,000 crore on a hospital, of which Rs 300-350 crore goes into technology," said Trehan, a