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.
The word castle is derived from the Latin word castellum which is a diminutive of the word castrum, meaning fortified place. The Old English castel, Old French castel or chastel, French chateau, ChÃ¢teau spanish, Castillo italian, castello and a number of words in other languages also derive from. castellumome true castles were built in the Americas by the Spanish and French colonies. The first stage of Spanish fort construction has been termed the castle period, which lasted from 1492 until the end of the 16th century.