# How AI Will Finally Make Healthcare Deflationary | Eric Larsen Page: https://stenobird.com/podcast/the-heart-of-healthcare-a-digital-health-podcast-4062107/how-ai-will-finally-make-healthcare-deflationary-eric-larsen Text version: https://stenobird.com/podcast/the-heart-of-healthcare-a-digital-health-podcast-4062107/how-ai-will-finally-make-healthcare-deflationary-eric-larsen.md Podcast: [The Heart of Healthcare | A Digital Health Podcast](https://stenobird.com/podcast/the-heart-of-healthcare-a-digital-health-podcast-4062107) Published: 2026-05-18T06:00:00+00:00 Episode link: https://rss.art19.com/episodes/d0adf810-731c-4f03-a266-9f915fc9307f.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0 Audio file: https://rss.art19.com/episodes/d0adf810-731c-4f03-a266-9f915fc9307f.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-heart-of-healthcare-a-digital-health-podcast-4062107/episodes/how-ai-will-finally-make-healthcare-deflationary-eric-larsen Duration seconds: 3584 ## Resource AI in healthcare may be entering a new chapter, one where the biggest question is no longer whether the technology works, but who is willing to deploy it, measure it, and take responsibility for the risk. This week, Steve sits down again with Eric Larsen to revisit his predictions from last year’s Webby-winning episode on generative AI in healthcare. Eric argues that the first wave of AI has been inflationary, reinforcing the old payer-provider payment model, but that the next wave could be deflationary as automation moves into revenue cycle, administrative work, clinical reasoning, and drug development. They discuss why incumbents still have a narrow window to co-develop the future, why clinical AI may move faster outside the US, and why liability may become the deciding factor in who wins. We cover: Why healthcare is still the sector most exposed to AI-driven change How AI has reinforced fee-for-service dynamics so far, and why that may soon reverse What makes some healthcare work more automatable than others Why liability may determine how fast clinical AI gets adopted Which health systems, payers, and life sciences companies are moving fastest What will change across providers, payers, and pharma over the next year —  👉Submit your questions! We’re doing a followup episode with Eric. Submit your listener questions here: https://forms.gle/Bu335DkpHAUvygiBA —  About our guest: Eric Jon Larsen is President of TowerBrook Advisors and a member of the healthcare leadership team at TowerBrook Capital Partners, a $30 billion AUM investment firm based in New York and London. TowerBrook invests across private equity, structured minority, and growth opportunities, with a strong focus on healthcare, partnering with health systems, payers, and other strategics. Notably… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-heart-of-healthcare-a-digital-health-podcast-4062107/episodes/how-ai-will-finally-make-healthcare-deflationary-eric-larsen/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-heart-of-healthcare-a-digital-health-podcast-4062107/how-ai-will-finally-make-healthcare-deflationary-eric-larsen.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.