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.
Definition of CASTLE for Kids. 1. : a large building or group of buildings usually having high walls with towers that was built in the past to protect against attack. 2. : a large or impressive house.ull Definition of CASTLE. 1. a: a large fortified building or set of buildings b: a massive or imposing house. 2. : a retreat safe against intrusion or invasion. 3. : 3rook. See castle defined for English-language learners. See castle defined for kids.