Compensation
CMH provides a competitive salary and benefits package to our residents. Effective July 2022, resident salaries are as follows:
- PGY1 $62,400
- PGY2 $65,520
- PGY3 $68,796
- PGY4 $72,736
- PGY5 $75,848
Educational Allowance
Residents receive a competitive stipend for each academic year to put toward continuing medical education expenses, including but not limited to educational courses, books, subscriptions, learning modules, and educational software. Additional learning resources are available through the program.
Health Insurance
Residents are eligible to participate in the Community Memorial Healthcare benefit plans (medical, dental, vision, life and long-term disability). Coverage will begin on the first day of the resident contract.
Leave Time
Residents receive 20 days of paid leave each academic year.
License
Residents must apply for a California Training License prior to starting their residency. At the beginning of the PGY2 year, residents will be eligible for a full non-restricted physician and surgeons license and must also apply for a DEA license, the cost of both will be covered by the program.
Malpractice Insurance
Community Memorial Healthcare provides, at no cost to the residents, the required professional liability insurance while participating in the program. The professional liability insurance provided does not cover activities outside the program, such as moonlighting away from a CMH facility.
Financial Counseling
Community Memorial Healthy System provides, at no cost to the residents, individualized financial counseling and financial planning services for graduating residents.
Board Certification Exam
The program covers the cost of the Board Certification Exam if the resident registers for the exam during the final year of their residency.
Additional Benefits
Please see the CMH Benefits Handbook for information on additional benefits.
Student Loan Forgiveness Opportunities
Residents at our programs may be eligible for student loan forgiveness. Community Memorial Healthcare is a not-for-profit enterprise and our residency clinics are certified MediCal providers. Listed below are links to several loan forgiveness programs currently available to medical and surgical residents.