RRC

RRC is committed to providing superior economic and financial analysis to help clients solve complex business problems and legal matters. Deploying cutting-edge technologies and undertaking a multidisciplinary approach, it offers sound economic, financial and statistical analysis, policy evaluation and litigation support solutions.

“We build data models by utilizing the information provided by our clients. Our team also accumulates relevant market data to enhance the insights based on the project's objective,” says Donald R. House, president of RRC.

Over the last four decades, RRC has been directly involved in some of the most significant antitrust and competition, intellectual property, and securities matters that have impeded the free market’s efficiency.

Stability and Expertise in Regulatory Environments

RRC realizes that in the ever-evolving business world, organizations require a highly skilled team adept at processing, interpreting, and determining the relevance of sophisticated empirical data sets. This has prompted the company to build a dedicated and experienced workforce led by the seasoned economist House.

“A firm cannot exist in isolation from the market forces that shape its success. We believe market forces are as important as internal strategies, making them invaluable to provide insightful economic analysis,” says House.

RRC prides itself on its comprehensive understanding of how businesses operate within the broader market context. This is what enables the company to serve clients across multiple industries spread beyond the borders of the U.S.—Europe, the Middle East, and the Caribbean. It leverages technologies like Zoom to facilitate efficient communication and reduce the necessity for extensive travel.

Fostering Seamless Engagement and Collaboration

RRC engages in conversations with clients to understand their needs, going beyond the one-size-fits-all approach.

Businesses operating in the same industry may have different approaches. This is why the company prioritizes interacting with knowledgeable staff members at various organizational levels, including retirees who may possess specialized expertise. The information collected from different stakeholders plays a vital role in developing the right model and presenting clients with early results and projections. This also promotes transparency, trust, and credibility among stakeholders.

Whether evaluating government policies or supporting legal claims, the RRC’s professionals offer valuable insights to overcome complex challenges. After presenting a proposal, the company refines it through discussions and negotiations with the client.
Once client information is gathered, it is analyzed to make early predictions. This analysis helps create a tailored solution that clients can implement independently or with RRC's support. Regular updates and follow-ups ensure this solution remains relevant and effective. Engagements can vary in duration, from short-term projects to long-term partnerships spanning multiple years.

“Our work is not limited to receiving a project, working on it in isolation, and then informing clients about the outcomes. We take a collaborative approach to ensure two-way communication with our clients, engaging in frequent conversations and information exchanges. This enables us to have full control over the project and drive it toward success,” says House.
A Tale of Continued Success

Instances of client success can best exemplify the effectiveness of RRC’s approach.

A case in point is when it collaborated with the American Dental Association (ADA), which sought its assistance in evaluating the financial impact of newly imposed infection control procedures mandated by the occupational safety and health administration (OSHA). RRC's task was twofold—determining the increased costs for dental practices adhering to the new regulations and identifying the appropriate reimbursement amounts to be sought from insurance companies.

It provided insights into the additional expenses incurred by dental practices while executing the required infection control measures and assessed the percentage of practising dentists adopting these new procedures each year. RRC helped ADA evaluate the financial impact and helped dental practices effectively navigate these changes.

RRC specializes in regulatory environments, where it assists clients in navigating changes in government regulations, particularly those related to pricing. For instance, it has dealt with projects concerning the deregulation of natural gas. In these cases, pipelines encountered issues with contracted prices and faced financial difficulties due to a drop in natural gas prices. RRC provided consulting services and was involved in litigation, representing the pipelines or gas suppliers affected by the price disparity.

It has also collaborated with Transco, a prominent pipeline company responsible for transporting natural gas from the Gulf Coast to the Northeastern U.S. They sought assistance projecting future natural gas prices to make informed decisions regarding purchase contracts with gas producers. By developing economic projections, RRC aided Transco in implementing contract terms aligned with the anticipated costs, optimizing their natural gas procurement from the Gulf Coast.
The company’s extensive portfolio includes projects across various sectors, including collaborations with government agencies and nonprofits. A notable project involved the Department of Health and Human Services, where RRC was tasked with developing a more realistic model for projecting future healthcare expenditures in the U.S. The existing model had projected an unsustainable scenario where healthcare costs would comprise half of the GDP. RRC reconstructed the model to ensure healthcare competed within the larger marketplace, considering factors like personnel, supplies, equipment, and devices. The revised model provided more reasonable and well-behaved projections, aligning with the department's needs.

Throughout these projects, RRC consistently utilized the available client information while incorporating relevant external data. It provided valuable insights and guidance customized to each industry and client's needs.

Tailoring Flexible Solutions for Diverse Needs

“We build economic models that allow us to ask ‘what if’ questions and investigate the consequences of different decisions. This empowers our clients to make informed choices by understanding the potential outcomes of various strategies and actions,” says House.

The company recognizes the value of a client’s internal information, which often goes unused. Instead of letting this information go to waste, RRC treats it as a valuable resource to extract industry insights and gain a deeper understanding of the client's specific context. It accesses internal data like historical sales, retail outlet records, and turnover rates to gain valuable insights into their operations. RRC then analyses this information to develop an economic model that can explain the fluctuations in client sales over time.

It takes a similar approach when studying other companies in the market. RRC examines factors like the number of competing retail outlets in a specific area and their impact on the client's performance. It then constructs a robust model to explore different scenarios and make projections. For example, it might assess the potential benefits of expanding the client's retail outlets over the next decade.

RRC’s expertise extends across various domains, offering a wide range of services that go beyond conventional analysis. It delves into economic, financial, and statistical analyses, providing comprehensive solutions that enable companies to confidently make informed decisions.

Over the years, RRC has solidified its reputation as a trusted and esteemed financial and statistical analysis firm. From Fortune 500 companies to startups on the rise, clients from all corners of the business world turn to it for its data-driven expertise. Its insights shape policy evaluation, shedding light on the impact of regulations and helping shape a better business environment.