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. castellumue to the lord's presence in a castle, it was a centre of administration from where he controlled his lands. He relied on the support of those below him, as without the support of his more powerful tenants a lord could expect his power to be undermined.