| Final | Team | time | | | 1. Diane Cummins |  CAN | 1:59.75 | SB | | 2. Rosibel Garcia |  COL | 2:00.02 | SB | | 3. Zulia Calatayud |  CUB | 2:00.34 | SB | | 4. Marian Burnett |  GUY | 2:00.40 | | | 5. Josiane Tito |  BRA | 2:01.41 | | | 6. Alysia Johnson |  USA | 2:02.57 | | | 7. Ysanne Williams |  JAM | 2:03.18 | | | 8. Melissa de Leon |  TRI | 2:03.63 | |
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| World Record: | | Jarmila Kratochvolova (TCH) 1:53.28 | | Munich (FRG) 26.07.1983 | | Panamerican Record: | | Ana Fidelia Quirot (CUB) 1:58.71 | | La Habana (CUB) 08.09.1991 |
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| Heats - First 2 and Best 2 progress. |
| Heat 1. | Team | time | | | 6. Diane Cummins | CAN | 2:02.80 | | | 7. Zulia Calatayud | CUB | 2:03.00 | | | 8. Marian Burnett | GUY | 2:03.09 | | | 10.Juliana dos Santos | BRA | 2:03.66 | | | 11.Morgan Uceny | USA | 2:04.13 | | | 12.Lysaira del Valle |  PUR | 2:05.15 | | | 13.Sheena Gooding |  BAR | 2:07.93 | |
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| Heat 2. | Team | time | | | 1. Josiane Tito | BRA | 2:01.28 | PB | | 2. Alysia Johnson | USA | 2:01.48 | | | 3. Rosibel Garcia | COL | 2:01.60 | | | 4. Ysanne Williams | JAM | 2:02.49 | | | 5. Melissa de Leon | TRI | 2:02.72 | SB | | 9. Ana Hachy Peña | CUB | 2:03.29 | PB | | -. Kenia Sinclair | JAM | DNS | |
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