It is true.
Explanation
The Affordable Care Act or Obamacare was officially signed by President Obama on March 2010 as extension to Health Care and Education Reconciliation Act 2010.
It came into full wing by 2014. As this act made each and every Americans to get health insurance mandatory, the health industry especially the hospitals started to have a huge impact.
The major hospitals in the country fared patient revenues. If the individual will not buy health insurance, then he or she is liable for a penalty fee.