Benefits

Texas Health provides physician residents with competitive compensation and benefits. Please find below details of the 2023-2024 compensation and benefits provided to residents in Texas Health programs. Any adjustment in compensation and/or benefits for 2024-2025 will be published in the fall.

Stipend Information

Program Year	Annual Rate (2024-2025)
PGY-1	$63,796
PGY-2	$66,851
PGY-3	$69,376
PGY-4	$72,983
PGY-5	$75,741

Sample Resident Contract Academic Year 2024-2025

Insurance

Insurance, including medical, life, personal accident, long-term disability, vision and dental, are provided for the residents and their families. Medical malpractice insurance also is provided.

Paid Parental Leave

Texas Health offers a paid parental leave benefit that allows up to six (6) weeks of paid leave in the three years of training. This paid leave benefit is for eligible employees to bond with a newborn child or a placed child under 18 years of age.

Retirement Plan

Residents have the option to participate in the employer-sponsored 401(k) retirement plan. After one year of service, Texas Health will match contributions up to six (6) percent of an employee’s pay as long as the employee contributes two (2) percent or more of eligible pay to the plan. The matching contribution from Texas Health is $0.75 for each dollar contributed, up to six (6) percent of eligible pay.

Fee Coverage

The following fees are covered while in training:

• Texas Physician in Training License (PIT)
• In-Training Exam (ITE)
• Memberships to the American and Texas Medical Associations (AMA and TMA), American College of Physicians® (ACP), and Collin-Fannin County Medical Society
• ACLS, BLS

Educational Materials

Subscription will be provided for Decker Med, an online educational platform, that will serve as the backbone for our academic half day curriculum. It includes thousands of questions for practice. UpToDate® is available through the electronic health system, Epic. ACP membership provides access to Annals of Internal Medicine and other resources. The New England Journal of Medicine and Journal of American Medical Association are also provided. Librarians are available at Texas Health Resources® and can obtain articles and help guide residents on topic searches. In year 2 residents can choose to receive ACP’s Medical Knowledge Self-Assessment Program (MKSAP). 

Board Review Course

Third-year residents are given the opportunity to attend an internal medicine board review course virtually or in person or obtain an asynchronous course. 

Professional Meetings

Residents are encouraged to attend professional meetings. At the discretion of the program director time away and financial support may be provided to present at a regional or national meeting. 

Meals

Residents will be provided food in the hospital cafeteria and for conferences as needed.

Coats

Two monogrammed white coats are provided for the internship year. One additional monogrammed white coat will be provided for each subsequent training year.

Parking

Residents are provided with access to free parking in lots on hospital premises.

Resident Lounge

A resident lounge designed for relaxation and socialization is in the GME area. Residents are provided with individual lockers to store their belongings.

Call Rooms

Call rooms are provided in the main graduate medical education (GME) area.

Wellbeing Resources

Residents have access to a robust set of wellbeing resources. Texas Health provides a confidential Employee Assistance Program that offers assessment, short-term counseling and referral services, crisis response, assistance with locating available childcare, health and wellness incentives, financial services, and legal assistance. Residents also have access to the Better Together Tuesday sessions that occur virtually the second Tuesday of each month, featuring specific skills that strengthen our connection to each other and the care we give our patients. In addition, residents can participate in quarterly interdisciplinary Schwartz Rounds, a safe container to discuss the nonmedical issues we face in caring for patients and families. Residents can also take part in quarterly Well Being Index where they can track their well-being. Finally, the program incorporates retreats and workshops to help residents maintain work-life balance and prevent burnout.

How to Apply

We invite you to apply to our program via the Electronic Residency Application Service (ERAS). Our program participates in the National Resident Matching Program (NRMP) and adheres to its policies and guidelines.

ACGME Program #: 1404800007

For an application to be considered complete and eligible for review, the following documents are required:

• Application
• Curriculum vitae
• Medical school transcript
• Medical School Performance Evaluation (MSPE)
• USMLE or COMLEX transcripts
• Personal statement
• Three letters of recommendation

Once your application is complete, we will contact you via Thalamus if we wish to invite you for an interview. Our interview season will run from October through January. All interviews for the 2024-2025 season will be conducted virtually.

Eligibility Requirements

Applicants will be selected based on preparedness, ability, and interest in the program without regard to race, creed, gender, or sexual preference. We review applications holistically where aptitude, academic credentials, personal characteristics, professional aspirations, and ability to communicate will be strongly considered in the selection process.

Minimum Requirements to be Considered for Interview

• Medical school graduation within three (3) years prior to application to Texas Health Presbyterian Hospital Plano Internal Medicine Residency Program.
• All applicants need to have passed Step 1 and Step 2 on the first attempt. 
• International medical graduates are not required to have completed US observerships.

Visa Sponsorships

• For non-US citizens or non-permanent residents, J-1 visa sponsorship through ECFMG.

Appointment Requirements

After matching, applicants must:

• Undergo a criminal background check and pre-employment drug screening
• Submit to a health screening and provide necessary immunization documentation
• Submit proof of successful medical school graduation
• Meet eligibility requirements to obtain a State of Texas training license
• Supply proof of ECFMG certification (international medical graduates only)
• Provide updated USMLE/COMLEX results
• Sign the Graduate Medical Education Training Agreement
• Attend orientation