Cabrini Medical Center of New York City was created in the late 20th century by a merger of two Manhattan hospitals. It closed in 2008 due to financial difficulties.In January 2010, the five buildings formerly housing the medical center were purchased by Memorial Sloan-Kettering Cancer Center for $83.1 million, with plans to open an outpatient cancer facility, but as of July 2013, the buildings had been sold to a developer to be converted into residences.Columbus HospitalColumbus Hospital was founded in 1892, incorporated in 1895, and officially opened on March 18, 1896 by a mission of the Institute of the Missionary Sisters of the Sacred Heart of Jesus to address the needs of Italian immigrants.The founding group included the (now canonized) Mother Frances Xavier Cabrini and among the first physicians of the hospital was George Frederick Shrady, Sr..The original address of the hospital was 226 and 228 East 20th Street which had a capacity of 125 beds in 1886. In 1913 it was moved to more adequate quarters vacated by the New York Polyclinic Hospital at 214-218 East 34th Street.Italian Hospital and mergerItalian Hospital was founded in 1937 by the Italian Hospital Society with the assets of and at the West 110th Street location of the defunct Parkway Hospital.In July 1973 Columbus Hospital and Italian Hospital merged. The combined organization took the name Cabrini Medical Center, after Mother Cabrini, and was located at East 19th Street between Second and Third Avenues near Gramercy Park.