This document discusses how virtual reality (VR) and augmented reality (AR) technologies can transform healthcare by improving clinical care, medical training, health and wellness. VR/AR shows promise in areas like treating PTSD and other mental health conditions, pain management, cognitive assessments, surgical planning and training, education and more. Research demonstrates VR's ability to improve behaviors and health outcomes. Barriers to adoption include concerns over evolving technologies, lack of clinical evidence, and perceptions of VR as only for gaming. However, as the technologies advance and more evidence is collected, VR/AR are positioned to significantly impact medical care and training.