This study investigated the traumatic distress and posttraumatic growth in 58 advanced cancer patients receiving palliative treatment in a Pain Relief and Palliative Care Unit. The patients completed the Greek version of the Impact of Events Scale-Revised and the Posttraumatic Growth Inventory. Statistically significant associations were found among Impact of Events Scale-RevisedGreek “Relating to Others” (r = 0.311, P = .017), “New Possibilities” ( r = 0.248, P = .050), and “Appreciation of Life” ( r = 0.419, P = .001), and the Posttraumatic Growth Inventory scores (r = 0.323, P = .013). Similarly, “Appreciation of Life” correlated significantly with “Avoidance” (r = 0.318, P = .015), “Intrusion” (r = 0.365, P = .005), and “Hyperarousal” (r = 0.398, P = .002). Statistically significant associations were also found between “Relating to Others” and “Intrusion” (r = 0.414, P = .001). The study concluded that in advanced cancer patients, the higher the impact event, the more improvement in their relationships with others, enhanced life appreciation, and more positive consequences after trauma.