Hi Jarrett,
The msvcrt.dll is now a system component owned and built by Windows. It is intended for use only by system-level components. The files msvcr110.dll (Visual Studio 2012) or msvcr120.dll (Microsoft Visual Studio 2013) are the new public versions of the CRT and are for use by Desktop application and user-mode driver developers.
To know more information:
http://msdn.microsoft.com/en-us/library/windows/hardware/dn448963(v=vs.85).aspx
Perform an SFC scan on your computer. Refer to the following link:
Use the System File Checker tool to repair missing or corrupted system files
http://support.microsoft.com/kb/929833
Hope this information helps. Reply with the status so that we could help you further.