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.
A castle (from Latin: castellum) is a type of fortified structure built in Europe and the Middle East during the Middle Ages by nobility. Scholars debate the scope of the word castle, but usually consider it to be the private fortified residence of a lord or noble.