Lets be clear about this:
1) For the MCAT, you need only algebra-based physics
2) because of that, most medical schools only require algebra physics
3) many "top" schools will also recommend that if you have a choice of two similar course, the more rigorous will be looked at more favorably
4) as many schools are moving away from Calculus and/or course-based prerequisites.
In sum, for the vast majority of applicants, algebra based physics will be fine to make you a competitive candidate
If you are looking at a "top" school with ultra high competitiveness, your choice of physics as part of your overall application should be considered