Narrative Medicine (NM) has been growing for the past 20 years in Europe, the USA, Canada, Argentina, Chile, Brazil, and Australia as an interdisciplinary field that promotes relational space in medical care. NM can address two of the main problems affecting healthcare in the world today: the biomedical approach, rooted in scientific and technological advances that often neglect the psychosocial and cultural dimensions of care; and the need for a narrative input in bioethical reflection in the brave new world of artificial intelligence. This chapter aims to analyze, reflect, and highlight the role of NM in training, practice, and research in healthcare as well as its importance in the context of bioethical reflection in the daily practice of health professionals. The reflective, argumentative, and critical analysis, based on assumptions, concepts, and principles of NM, intends, therefore, to raise awareness of the essential role played by narrative-based ethical deliberation in the context of care, assuming that bioethics and narrative medicine are intrinsically intertwined. We aim to stimulate the debate on the role of narrative medicine as applied interdisciplinary knowledge that can provide depth to bioethics, while requiring skills to discuss the (bio)ethical issues inherent to applied narrative medicine.