Value-based payment, or bundled payment, is part of utilization control to redesign a fee-for-service system that traditionally rewards provision of services rather than achievement of outcomes and controlled costs.
The entrance to Warwick castle. The entrance to Warwick castle. The definition of a castle is a large fortified building or set of buildings where royalty lives, or a large and impressive house. 1  A fortified building with a moat and a draw bridge where the king lives is an example of a castle. 2  A huge impressive mansion is an example of a castle.
Fortification. a long, narrow excavation in the ground, the earth from which is thrown up in front to serve as a shelter from enemy fire or attack. 2. trenches, a system of such excavations, with their embankments, etc. 3. a deep furrow, ditch, or cut. 4. Oceanography. a long, steep-sided, narrow depression in the ocean floor.