ACTS is a unique statistical quality assurance program, measuring data accuracy and timeliness of IQVIA’s Information Offerings hosted on MIDAS.
• ACTS stands for Accuracy and Timeliness Statistics, a globally implemented, standardized and evidence-based quality assurance program that has been in operation for more than 30 years. It validates IQVIA's information offerings of sales data for each product pack registered in a market with the help of pharmaceutical companies.
• The manufacturers participating in the survey supply the ex-factory quantity sold in the validated calendar year for each registered product pack. These are compared with IQVIA’s audits. Accuracy and timeliness indicators are derived from the analysis and reported in ACTS.
• It provides cross-national comparability of quality measurements. The validation results are published individually for each country and on the IQVIA Customer Portal and IQVIA Homepage.
• Timeliness of MIDAS data offerings is measured against target values (days after period) in a standardized way and published.
• As a special feature, ACTS reports the validity of IQVIA Market Prognosis and its forecasting accuracy.
• The ACTS report is the only quality assurance program in our industry to document the audits’ quality and timeliness transparently across countries.
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