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Dive into the research topics where Monica Fay is active.

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Featured researches published by Monica Fay.


Journal of Medical Economics | 2016

Cost-effectiveness analysis of peginterferon beta-1a compared with interferon beta-1a and glatiramer acetate in the treatment of relapsing-remitting multiple sclerosis in the United States.

Luis Hernandez; Shien Guo; Elizabeth Kinter; Monica Fay

Abstract Objective Peginterferon beta-1a 125 mcg, administered subcutaneously (SC) every 2 weeks, a new disease-modifying therapy (DMT) for relapsing-remitting multiple sclerosis (RRMS), was approved by the US Food and Drug Administration in 2014. This study assesses the cost-effectiveness of peginterferon beta-1a vs interferon beta-1a (44 mcg SC 3 times per week) and glatiramer acetate (20 mg SC once-daily) in the treatment of RRMS from the perspective of a US payer over 10 years. Methods A Markov cohort economic model was developed for this analysis. The model predicts disability progression, occurrence of relapses and other adverse events and translates them into quality-adjusted life years (QALYs) and costs. Natural history data were obtained from the placebo arm of the ADVANCE trial of peginterferon beta-1a, the London Ontario (Canada) database and a large population-based MS survey. Comparative efficacy of each DMT vs placebo was obtained from a network meta-analysis. Costs (in 2014 US dollars) were sourced from public databases and literature. Clinical and economic outcomes were discounted at 3% per year. Results Over 10 years, peginterferon beta-1a was dominant (i.e., more effective and less costly), with cost-savings of


Journal of Medical Economics | 2015

Impact of increasing adherence to disease-modifying therapies on healthcare resource utilization and direct medical and indirect work loss costs for patients with multiple sclerosis.

Sander Yermakov; Matthew Davis; Michaela Calnan; Monica Fay; Brieana Cox-Buckley; Sujata Sarda; Mei Sheng Duh; Ravi Iyer

22,070 and additional 0.06 QALYs when compared with interferon beta-1a 44 mcg and with cost-savings of


Journal of Medical Economics | 2016

Cost-effectiveness of delayed-release dimethyl fumarate for the treatment of relapsing forms of multiple sclerosis in the United States

Josephine Mauskopf; Monica Fay; Ravi Iyer; Sujata Sarda; Terrie Livingston

19,163 and 0.07 QALYs gained when compared with glatiramer acetate 20 mg. Results were most sensitive to variations in the treatment effect of each DMT, treatment acquisition costs of each DMT and the time horizon. Probabilistic sensitivity analyses indicated that peginterferon beta-1a remains dominant in >90% of 5,000 replications compared with either DMTs. Conclusion This analysis suggests that long-term treatment with peginterferon beta-1a improves clinical outcomes at reduced costs compared with interferon beta-1a 44 mcg and glatiramer acetate 20 mg and should be a valuable addition to managed care formularies for treating patients with RRMS.


Neurology and Therapy | 2017

Comparative Effectiveness Research of Disease-Modifying Therapies for the Management of Multiple Sclerosis: Analysis of a Large Health Insurance Claims Database

Aaron Boster; Jacqueline Nicholas; Ning Wu; Wei-Shi Yeh; Monica Fay; Michael Edwards; Ming-Yi Huang; Andrew Lee

Abstract Objectives: To estimate the effect of adherence to disease-modifying therapies (DMTs) among patients with multiple sclerosis (MS) on healthcare resource utilization (HRU) and costs, and model the impact of a 10 percentage point increase in adherence on these outcomes. Methods: Employed patients, 18–64 years old, with ≥2 MS diagnoses and ≥1 DMT claim during January 1, 2002 to September 30, 2012 were identified from a large commercially-insured US claims database. Adherence was measured as proportion of days covered (PDC) during follow-up. Multivariate regression analyses were conducted to estimate the effect of adherence on HRU related to urgent care (i.e., inpatient or emergency room visit), days of work loss, direct medical cost, and indirect work loss costs. Model coefficients were used to evaluate the impact of a 10 percentage point increase in adherence on the outcomes. Results: A total of 1510 patients were included (mean age = 43.4 years, 64% female). Patients with higher adherence had lower HRU, fewer days of work loss, and lower direct and indirect costs. A 10 percentage point increase in adherence significantly decreased the likelihood of an inpatient or emergency room visit by 9–19%, days of work loss by 3–8%, and direct and indirect costs by 3–5%, depending on the follow-up period (all p < 0.01). Conclusions: Increasing DMT adherence was found to significantly decrease urgent-care HRU, days of work loss, and direct and indirect costs among patients with MS.


Value in Health | 2014

Cost-Effectiveness Of Delayed-Release Dimethyl Fumarate Compared To Glatiramer Acetate And Fingolimod For The Treatment Of Relapsing-Remitting Multiple Sclerosis

Josephine Mauskopf; Monica Fay; Ravi Iyer; Terrie Livingston

Abstract Objective: To assess the cost-effectiveness of delayed-release dimethyl fumarate (DMF, also known as gastro-resistant DMF), an effective therapy for relapsing forms of multiple sclerosis (MS), compared with glatiramer acetate and fingolimod, commonly used treatments in the US. Methods: A Markov model was developed comparing delayed-release DMF to glatiramer acetate and fingolimod using a US payer perspective and 20-year time horizon. A cohort of patients, mean age 38 years, with relapsing-remitting MS and Kurtzke Expanded Disability Status Scale (EDSS) scores between 0–6 entered the model. Efficacy and safety were estimated by mixed-treatment comparison of data from the DEFINE and CONFIRM trials and clinical trials of other disease-modifying therapies. Data from published studies were used to derive resource use, cost, and utility inputs. Key outcomes included costs, quality-adjusted life-years (QALYs), and incremental cost-effectiveness ratios. Alternative scenarios tested in a sensitivity analysis included drug efficacy, EDSS-related or relapse-related costs, alternative perspectives, drug acquisition costs, and utility. Results: Base-case results with a 20-year time horizon indicated that delayed-release DMF increased QALYs +0.450 or +0.359 compared with glatiramer acetate or fingolimod, respectively. Reductions in 20-year costs with delayed-release DMF were −


Journal of Managed Care Pharmacy | 2016

Quantifying Differences in Health Care Consumption for the Management of Multiple Sclerosis Within Privately and Publicly Insured Health Care Programs

Terrie Livingston; Monica Fay; Ravi Iyer; Wendy Wells; Michael W. Pill

70,644 compared with once-daily glatiramer acetate and −


PharmacoEconomics - Open | 2018

Comparison of Disease-Modifying Therapies for the Management of Multiple Sclerosis: Analysis of Healthcare Resource Utilization and Relapse Rates from US Insurance Claims Data

Jacqueline Nicholas; Aaron Boster; Ning Wu; Wei-Shi Yeh; Monica Fay; Jon Kendter; Ming-Yi Huang; Andrew Lee

32,958 compared with fingolimod. In an analysis comparing delayed-release DMF to three-times-weekly glatiramer acetate and assuming similar efficacy and safety to the once-daily formulation, 20-year costs with delayed-release DMF were increased by


Neurology | 2016

Comparison of Costs and Health Resource Utilization inPatients Treated with Different Disease Modifying Therapies for MultipleSclerosis (P3.082)

Jacqueline Nicholas; Aaron Boster; Wei-Shi Yeh; Robert Garland; Monica Fay; Ravi Iyer; Andrew Lee

15,806 and cost per QALY gained was


Neurology | 2016

Comparative Effectiveness Research of Disease Modifying Therapies in Multiple Sclerosis - Findings from a Large Health Insurance Claims Database (P3.116)

Aaron Boster; Jacqueline Nicholas; Ning Wu; Wei-Shi Yeh; Monica Fay; Michael Edwards; Ming-Yi Huang; Andrew Lee

35,142. The differences in costs were most sensitive to acquisition cost and inclusion of informal care costs and productivity losses. The differences in QALYs were most sensitive to the impact of delayed-release DMF on disease progression and the EDSS utility weights. Conclusion: Delayed-release DMF is likely to increase QALYs for patients with relapsing forms of MS and be cost-effective compared with fingolimod and glatiramer acetate.


Journal of the Neurological Sciences | 2015

Factors associated with dimethyl fumarate use and treatment patterns among patients with multiple sclerosis in a real-world setting

Ravi Iyer; M. Sussman; Monica Fay; B. Buckley; A. Lee; Sujata Sarda; J Rana; J. Menzin

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Aaron Boster

Riverside Methodist Hospital

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Jacqueline Nicholas

Riverside Methodist Hospital

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