You are a DNP proposing an Academic-Practice Partnership to ABC University with

You are a DNP proposing an Academic-Practice Partnership to ABC University with your independent NP-led Primary Care Practice (60/40 Effort). Assume that both parties have projected annual revenue/income at $120,000/year with 40% additional cost (120K X .40 ＝ 48K) for fringe benefits such as 403B, health/dental/optical benefits, life insurance, vacation and sick day benefits. If the faculty DNP is negotiating to teach 5 instead of 10 courses per year due to the practice demand for 3 days practice/week, 8-hour per day clinic schedule. Provide a comprehensive budget proposal for your NP-led practice clinic operation that is sustainable in terms of financial revenue. In return, the DNP faculty will provide preceptorship to DNP students using the most recent NONPF recommendations of 1:8 faculty/student ratio.