RTI International (Research Triangle Institute) is an independent, nonprofit, 501 (c) (3) corporation with a distinguished history in scientific research and technology development. The firm, headquartered in Research Triangle Park, North Carolina, employs a worldwide staff of more than 2,200 people with more than $330 million in revenue from research operations in 2003.
Founded in 1978, Health Economics Research, Inc. (HER) of Waltham, Massachusetts was a public health research firm with 47 social scientists and programmers. In addition to giving RTI a presence in the Northeast, HER’s staff complements and expands RTI’s core capabilities in public health research by adding staff members skilled in health economics and health services research with a special focus on payment and financing, access and quality of care, cost-effectiveness and program evaluation.
Jim Gibson, Senior Vice President and Chief Financial Officer of RTI noted “During the acquisition of HER, Bob Ventura integrated very effectively with our team and provided leadership with his thorough knowledge of the acquisition process as well as being a trusted advisor in the negotiation of price, terms and structure.”