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 palace is a grand residence, especially a royal residence, or the home of a head of state or some other high-ranking dignitary, such as a bishop or archbishop. The word is derived from the Latin name PalÄtium, for Palatine Hill in Rome which housed the Imperial residences.