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Government of Guyana, Mount Sinai Health System and Hess Corporation Announce Five-Year Extension of National Healthcare Initiative

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Hess (NYSE: HES) and the Government of Guyana announced a five-year extension of their national healthcare initiative in partnership with Mount Sinai Health System. The program, launched in 2022, aims to transform Guyana's public health system by 2030.

The initiative has already achieved significant milestones, including over 35,000 child health screenings and the upcoming graduation of nearly 900 nursing assistants in 2025. The next phase will focus on six key pillars: establishing a national cancer center, developing the National Women's and Children's Hospital, implementing community-centered care, quality improvement programs, creating an advanced digital health system, and building healthcare workforce capacity.

The collaboration has already established a state-of-the-art pathology lab and implemented new digital protection laws. The initiative will continue to be jointly funded by Hess and the Government of Guyana, with Mount Sinai providing healthcare expertise and implementation support.

Hess (NYSE: HES) e il Governo della Guyana hanno annunciato un'estensione di cinque anni della loro iniziativa nazionale per la salute in collaborazione con il Mount Sinai Health System. Il programma, lanciato nel 2022, mira a trasformare il sistema sanitario pubblico della Guyana entro il 2030.

L'iniziativa ha già raggiunto traguardi significativi, tra cui oltre 35.000 screening della salute infantile e la prossima laurea di quasi 900 assistenti infermieristici nel 2025. La fase successiva si concentrerà su sei pilastri chiave: la creazione di un centro nazionale per il cancro, lo sviluppo dell'Ospedale Nazionale per Donne e Bambini, l'implementazione di cure centrate sulla comunità, programmi di miglioramento della qualità, la creazione di un sistema sanitario digitale avanzato e l'incremento delle capacità della forza lavoro sanitaria.

La collaborazione ha già stabilito un laboratorio di patologia all'avanguardia e ha implementato nuove leggi sulla protezione digitale. L'iniziativa continuerà a essere finanziata congiuntamente da Hess e dal Governo della Guyana, con il Mount Sinai che fornisce competenze sanitarie e supporto all'implementazione.

Hess (NYSE: HES) y el Gobierno de Guyana anunciaron una extensión de cinco años de su iniciativa nacional de salud en asociación con el Mount Sinai Health System. El programa, lanzado en 2022, tiene como objetivo transformar el sistema de salud pública de Guyana para 2030.

La iniciativa ya ha logrado hitos significativos, incluyendo más de 35,000 exámenes de salud infantil y la próxima graduación de casi 900 asistentes de enfermería en 2025. La próxima fase se centrará en seis pilares clave: establecer un centro nacional de cáncer, desarrollar el Hospital Nacional de Mujeres y Niños, implementar atención centrada en la comunidad, programas de mejora de calidad, crear un sistema de salud digital avanzado y aumentar la capacidad de la fuerza laboral de salud.

La colaboración ya ha establecido un laboratorio de patología de última generación y ha implementado nuevas leyes de protección digital. La iniciativa seguirá siendo financiada conjuntamente por Hess y el Gobierno de Guyana, con Mount Sinai proporcionando experiencia en salud y apoyo en la implementación.

Hess (NYSE: HES)와 가이아나 정부는 Mount Sinai Health System과 협력하여 국가 건강 관리 이니셔티브의 5년 연장을 발표했습니다. 2022년에 시작된 이 프로그램은 2030년까지 가이아나의 공공 건강 시스템을 혁신하는 것을 목표로 하고 있습니다.

이 이니셔티브는 이미 35,000건 이상의 아동 건강 검진과 2025년에 거의 900명의 간호 보조원이 졸업할 예정인 등 중요한 이정표를 달성했습니다. 다음 단계는 국가 암 센터 설립, 여성 및 아동 병원 개발, 지역 사회 중심의 치료 구현, 품질 개선 프로그램, 고급 디지털 건강 시스템 구축, 의료 인력 역량 강화 등 6개의 핵심 기둥에 집중할 것입니다.

이 협력은 이미 최첨단 병리학 실험실을 설립하고 새로운 디지털 보호 법률을 시행했습니다. 이 이니셔티브는 Hess와 가이아나 정부가 공동으로 자금을 지원하며, Mount Sinai는 의료 전문 지식과 실행 지원을 제공합니다.

Hess (NYSE: HES) et le gouvernement de la Guyana ont annoncé une extension de cinq ans de leur initiative nationale de santé en partenariat avec le Mount Sinai Health System. Le programme, lancé en 2022, vise à transformer le système de santé publique de la Guyana d'ici 2030.

L'initiative a déjà atteint des jalons significatifs, y compris plus de 35 000 dépistages de santé infantile et la prochaine graduation de près de 900 assistants en soins infirmiers en 2025. La prochaine phase se concentrera sur six piliers clés : l'établissement d'un centre national de cancérologie, le développement de l'Hôpital National pour Femmes et Enfants, la mise en œuvre de soins centrés sur la communauté, des programmes d'amélioration de la qualité, la création d'un système de santé numérique avancé et le renforcement des capacités de la main-d'œuvre en santé.

La collaboration a déjà établi un laboratoire de pathologie à la pointe de la technologie et a mis en œuvre de nouvelles lois de protection numérique. L'initiative continuera d'être financée conjointement par Hess et le gouvernement de la Guyana, avec Mount Sinai fournissant son expertise en santé et un soutien à la mise en œuvre.

Hess (NYSE: HES) und die Regierung von Guyana haben eine fünfjährige Verlängerung ihrer nationalen Gesundheitsinitiative in Partnerschaft mit dem Mount Sinai Health System angekündigt. Das 2022 gestartete Programm zielt darauf ab, das öffentliche Gesundheitssystem von Guyana bis 2030 zu transformieren.

Die Initiative hat bereits bedeutende Meilensteine erreicht, darunter über 35.000 Gesundheitsuntersuchungen für Kinder und den bevorstehenden Abschluss von fast 900 Pflegeassistenten im Jahr 2025. Die nächste Phase wird sich auf sechs Schlüsselbereiche konzentrieren: die Einrichtung eines nationalen Krebszentrums, die Entwicklung des Nationalen Frauen- und Kinderkrankenhauses, die Umsetzung gemeinschaftsorientierter Pflege, Qualitätsverbesserungsprogramme, die Schaffung eines fortschrittlichen digitalen Gesundheitssystems und den Ausbau der Kapazitäten im Gesundheitswesen.

Die Zusammenarbeit hat bereits ein hochmodernes Pathologielabor eingerichtet und neue digitale Schutzgesetze umgesetzt. Die Initiative wird weiterhin gemeinsam von Hess und der Regierung von Guyana finanziert, wobei Mount Sinai Fachwissen im Gesundheitswesen und Unterstützung bei der Umsetzung bereitstellt.

Positive
  • Strategic expansion of healthcare infrastructure investment in Guyana, strengthening Hess's position in the country
  • Long-term partnership commitment through 2030 demonstrates stable investment environment
  • Public-private partnership model reduces financial risks while maintaining strategic presence
Negative
  • Significant ongoing financial commitment required for healthcare initiative funding
  • Extended timeline to 2030 may impact short-term capital allocation

Insights

Hess has extended its partnership with the Government of Guyana and Mount Sinai Health System for five additional years, continuing a national healthcare initiative launched in 2022. The partnership aims to transform Guyana's public health system by 2030, with Hess and the Guyanese government jointly funding the initiative.

The extension builds on measurable progress from the initiative's first phase, which implemented over 35,000 child health screenings and established advanced pathology services. The next phase includes developing a national cancer center, modernizing health facilities, and implementing a sophisticated digital health system.

While specific financial commitments aren't disclosed, this represents a significant non-operational investment by Hess in Guyana. The company has valuable energy assets in Guyana, and this partnership likely strengthens Hess's relationship with the Guyanese government - potentially providing operational stability in a region of strategic importance.

For investors, the initiative demonstrates Hess's commitment to sustainable business practices through social development in communities where it operates. Healthcare infrastructure investment in developing regions can foster governmental goodwill and community support, potentially benefiting Hess's long-term operations in the country.

  • Initiative aims to transform Guyana’s public health system by 2030 with world-class healthcare services accessible to all citizens, especially vulnerable communities
  • Extension builds on significant progress made since the initiative’s 2022 launch

GEORGETOWN, Guyana & NEW YORK--(BUSINESS WIRE)-- His Excellency Dr. Irfaan Ali, President of the Co-operative Republic of Guyana, today announced a five-year extension of the national healthcare initiative to transform Guyana’s public health system with world-class healthcare services accessible to every Guyanese citizen. This next phase of the initiative, launched in 2022 by the Government of Guyana in collaboration with the Mount Sinai Health System and Hess Corporation, will include establishment of a national cancer center, continued modernization of national health facilities including Georgetown Public Hospital Corporation, and the implementation of one of the world’s most advanced digital health systems.

The continued collaboration will build on significant progress made in the first phase of the national healthcare initiative, where Mount Sinai supported the Guyana Ministry of Health in rolling out the Government’s health system innovations, including over 35,000 child health screenings, the Ministry’s training programs that will graduate nearly 900 nursing assistants in 2025, and a new state-of-the-art pathology lab.

The initiative will continue to be funded jointly by Hess Corporation and the Government of Guyana and led by the Arnhold Institute for Global Health, the arm of Mount Sinai dedicated to advancing the institution's mission of delivering innovative, high-quality healthcare around the globe, and Mount Sinai International, the international ventures arm of the Mount Sinai Health System.

Today’s Signing Ceremony

The President was joined today by Dr. Rachel Vreeman, Chair of Mount Sinai’s Department of Global Health and Health System Design and Director of the Arnhold Institute for Global Health at Icahn School of Medicine at Mount Sinai, and John Hess, CEO of Hess Corporation, for a signing ceremony to establish the five-year extension of the national healthcare initiative.

"The journey to world-class healthcare is not walked alone – it is built through strategic partnerships, bold investments, and a shared vision for excellence. Today, we take another decisive step toward transforming our healthcare system. By uniting the policy, expertise and resources of Hess Corporation, Mount Sinai, and Government along with our local healthcare professionals, we are shaping a future where every citizen has access to cutting-edge, compassionate, and high-quality care. Together, we are not just improving healthcare – we are redefining it,” President Ali said.

CEO John Hess said: “We are proud to support the vision of the Government and the work of Mount Sinai to provide world class healthcare to every Guyanese citizen. Access to affordable and high-quality healthcare is central to the country’s future and its commitment to building shared prosperity for the people of Guyana.”

“At Mount Sinai, we believe global health is local health, and with the Government of Guyana and the Hess Corporation, we’re building a public health system that ensures all citizens of Guyana – especially the most vulnerable – can live healthier, more productive lives,” said Dr. Brendan Carr, Chief Executive Officer, and Professor and Kenneth L. Davis, MD, Distinguished Chair of the Mount Sinai Health System. “This unique public-private partnership serves as a global model, and we are honored be part of this transformational effort.”

“We are incredibly proud to work in partnership with the Government of Guyana to improve access to high-quality healthcare for all Guyanese,” said Dr. Vreeman. “Now, through 2030, we will continue to support and accelerate Guyana’s progress to achieving a healthier country and a transformed health system, setting a new regional and global standard for modern health system development.”

Areas of Focus to Achieve a Healthier Guyana by 2030

The next phase of the national initiative will be organized around the Government’s vision for six key pillars:

  • World Class Cancer Care: Establish a first-in-class national cancer center to screen and treat breast, cervical, prostate and other common cancers that cause the most deaths in Guyana. The first phase of cancer services will expand much-needed access to cancer screening, diagnostic and treatment options; the second phase will offer advanced tertiary oncology services to the entire community in Guyana.
  • Women’s and Children’s Hospital: Ensure Guyana’s new National Women’s and Children’s Hospital meets international quality standards, is well-managed, and ready to provide high-quality care for all of Guyana’s women and children.
  • Community-Centered Care: Complete the transformation of health systems across Guyana’s regions to ensure everyone in Guyana, especially youth and vulnerable people, can receive health screenings, primary care treatment, and supportive services – creating a supportive health ecosystem across the country.
  • Quality Improvement: Implement a national program to improve the quality, safety, and delivery of health services – from Georgetown Public Hospital Corporation (GPHC), the country’s largest hospital, to regional hospitals to every health center and post. These initiatives will provide a strong foundation for the growth of a high-quality, modern health system that provides unparalleled care for all.
  • Digital Health: Support the implementation of Guyana’s first national electronic health records system and complete the foundations for one of the most advanced digital health systems in the region and the world by 2030.
  • Capacity Building: Ensure critical health workforce needs are met by continuing capacity building in health workforce development, resource planning, management, and financing.

Key Accomplishments in First Phase of Healthcare Initiative

Since this national healthcare initiative’s launch in July 2022, significant progress is being made in improving health outcomes. Key accomplishments include:

  • Over 35,000 Guyanese children have had comprehensive health screenings completed by the Ministry of Health, with around a quarter referred on for needed services to address vision, hearing, dental, and developmental problems and more.
  • Nearly 900 nursing assistants will graduate from the Ministry of Health’s training programs in 2025 and join the health workforce, beginning to close the nursing shortage.
  • New guidelines and clinical protocols to grow primary care services for diseases like diabetes are launching nationally, across all of Guyana’s regions.
  • New digital protection laws are in place to support the rollout of new digital health systems, and a new Guyana digital health training institute will enroll its first class of digital health professionals early next year.
  • A state-of-the-art pathology lab has reduced the time it takes for patients to be diagnosed and receive life-saving treatments.
  • Quality improvements at the Georgetown Public Hospital Corporation have improved patient safety and are providing a new model for a national quality improvement program.

Hess Corporation (NYSE: HES) is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. The company is recognized as an industry leader in environmental, social and governance performance and disclosure. More information on Hess Corporation is available at www.hess.com.

Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with 48,000 employees working across eight hospitals, more than 400 outpatient practices, more than 600 research and clinical labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time—discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it.

Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes approximately 9,000 primary and specialty care physicians and 11 free-standing joint-venture centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida. Hospitals within the System are consistently ranked by Newsweek’s® “The World’s Best Smart Hospitals, Best in State Hospitals, World Best Hospitals and Best Specialty Hospitals” and by U.S. News & World Report's® “Best Hospitals” and “Best Children’s Hospitals.” The Mount Sinai Hospital is on the U.S. News & World Report® “Best Hospitals” Honor Roll for 2024-2025. For more information, visit https://www.mountsinai.org.

Media contacts:

Office of the President

Cooperative Republic of Guyana

(+592) 225 1330

opguyana@gmail.com



Mount Sinai Health System

Stacy Anderson

212-241-9200

Stacy.Anderson@mountsinai.org



Hess Corporation

Lorrie Hecker

212-536-8250

lhecker@hess.com

Source: Hess Corporation

FAQ

What are the key achievements of Hess 's healthcare initiative in Guyana since 2022?

The initiative has completed over 35,000 child health screenings, will graduate 900 nursing assistants in 2025, established a new pathology lab, and implemented digital protection laws for healthcare systems.

What are the six main pillars of HES's extended healthcare program in Guyana through 2030?

The pillars include establishing a national cancer center, developing a Women's and Children's Hospital, implementing community-centered care, quality improvement programs, creating a digital health system, and building healthcare workforce capacity.

How is the Hess (HES) healthcare initiative in Guyana being funded?

The initiative is being jointly funded by Hess and the Government of Guyana, with Mount Sinai Health System providing healthcare expertise.

What digital health developments are planned in HES's Guyana healthcare initiative?

The initiative includes implementing Guyana's first national electronic health records system and building one of the most advanced digital health systems in the region by 2030.
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