The state health department has issued a call for proposals to design and implement a diabetes education plan for adolescent women on Medicaid. The diabetes educator who is a part-time consultant to your practice has requested support to write the proposal. The three-year project is funded at $750,000. Your net revenues last year were $850,000 on an account base of $2 million.

Your practice management team is meeting to consider the request.

Draft a recommendation outlining a process for deciding whether to support this project.