Accuray Inc.  (ARAY) Trade Now »     Rate ARAY  -  Discuss ARAY  -  Add to Watch List        

As the credit crunch continues, many companies supplying high-end, expensive medical equipment and machines have been hit hard on reduced earnings.<!----> Hospitals are finding it harder to borrow money for large purchases, especially on machines. It has become harder to justify spending a large sum of money (often in excess of a million dollars) on machines that, regardless of their medical advantage over older or traditional equipment, have not proven their economic viability.