Well, I say hospitalised, she's currently in a hospice which implies two things. She's got cancer and it's terminal.
http://www.wrestlingnewssource.com/news/32625/WWE-Hall-of-Famer-Mae-Young-Hospitalized/
http://www.wrestlingnewssource.com/news/32625/WWE-Hall-of-Famer-Mae-Young-Hospitalized/