This chapter explores how generative artificial intelligence (AI) is revolutionizing healthcare by enhancing efficiency and creating new opportunities. Utilizing Large Language Models and advanced Conversational AI, this technology is transforming patient care, medical documentation, and research by optimizing processes, improving diagnostic accuracy, increasing patient engagement, and simplifying research. Key advancements include synthetic data creation, empathy bubbles for professional education, and clinical administrative support. However, integrating generative AI in healthcare raises critical issues such as clinical safety, regulatory compliance, data privacy, and copyright concerns. Addressing these challenges through customized AI responses, better user interfaces, and collaboration among healthcare organizations, pharmaceutical companies, and regulatory bodies is essential for harnessing AI's full potential. This chapter offers a comprehensive evaluation of generative AI's impact and the obstacles that must be overcome for its effective use in healthcare.