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Per diem interest is calculated and paid at loan closings. It is the pro-rated amount of interest due for remaining days in a month. For example, if a mortgage closes on July 29, per diem interest is calculated for July 29, 30 and 31.er diem interest is calculated and paid at loan closings. It is the pro-rated amount of interest due for remaining days in a month. For example, if a mortgage closes on July 29, per diem interest is calculated for July 29, 30 and 31.
With infusion therapy, reimbursement is often based upon a per diem approach, yet frequently this term is left undefined. Accordingly, as the national organization representing infusion services, the National Home Infusion Association (NHIA) presents the following definition of the term per diem.. Per Diem Definition.As related to reimbursement, the term âper diemâ represents each day that a given patient is provided access to a prescribed therapy, beginning with the day the therapy is initiated and ending with the day the therapy is permanently discontinued.sing the above as an example, it is expected that the âEvery 72 hoursâ per diem would be reimbursed at lesser daily rate than the âEvery 4 hoursâ per diem, and that the units of service would remain identical. Products and Services Included in the Definition.