Cord Blood Banks
Preserving a newborn’s cord blood has been found to successfully treat many childhood diseases using the stem cells from the cord blood. A small amount of blood is collected from the baby’s umbilical cord at birth then transported to a specialized bank that preserves the cord blood for a pre-determined amount of time. For expecting parents seeking cord blood information there are many options to choose from.
Choosing the right Cord Blood Bank. The process of preserving a newborn’s cord blood is a delicate one that requires planning. Transporting the blood requires it to be kept at a specific, consistent temperature to adequately preserve the stem cells and to an accredited lab that meets quality control standards set forth by the FDA. Different companies have their own procedures for collecting, transporting and storing cord blood as well as set pricing plans. The best way to determine an adequate bank to go with is to look at cord blood comparisons for different companies to find one that meets your needs.
Top U.S. Accredited Cord Blood Banks
These are the most popular and widely known cord blood banking companies in the U.S. with accredited labs for storing stem cells. Each of these banks is accredited by the American Association of Blood Banks. To provide cord blood comparisons the cost for banking with each of the following companies are listed as well as their history in experience for banking and storing cord blood as well as transplant history.
Each individual company offers promotional rates and discounts that may be applicable throughout the year for different circumstances such as multiple births, military discounts and special rates for medical professionals. The prices that are represented in these cord blood comparisons are based on single births and may be subject to change from the time this article was written.
Cord Blood Registry
CBR is located in California and has been established beginning in the early 1990’s. It screens and tests collected cord blood within its private lab for different diseases and has the largest company in stem cell research.
The total cost for processing, transporting and first year of storage is $1,650 for cord blood alone and $2,70 for storing cord blood as well as the cord tissue. CBR offers several financing plans that you can spread out payments for the total cost starting from 6 months, 12 months, and 48 months.
Rates for storage options are:- Annual: $150 for cord blood only, $280 for both cord blood with the cord tissue – 18-year storage: $2,295 for cord blood only, $4,290 for both cord blood and cord tissue- Lifetime: $3,995 for cord blood only, $7,490 for both cord blood and tissue –
CBR has the longest standing history for use of cord blood stem cells from families with over 300 viable samples that have been used to date in stem cell treatments.
Located in Florida, Cryo-Cell was established in 1989 as one of the first private banks in the world to preserve cord blood stem cells.
For cord blood alone, the cost for collection, transporting and first year of storage is $1,350. To bank and store cord blood and cord tissue the cost is $2,300. They do offer a 12-month and 24-month financing payment plan to make monthly payments for the cost of collection and processing. Rates for storage options are:- Annual : $150 for cord blood only, $300 for both cord blood and tissue- Prepaid: 20 year plan – $2,499 for cord blood only, $4,499 for cord blood in addition to cord tissue Cryo-Cell also offers discounts for parents that bank from multiple births, military families, and medical professionals.
To date, there have been 78 recorded cord blood transplants performed by families that banked with Cryo-Cell.
California-based company, Family Cord was established in 1997 and has expanded to New York as well.
Total cost for the collection, transporting and storage for the first year of cord blood alone is $1,800 and $2,275 for cord blood plus cord tissue. Financing options are available starting at 12 months, 24 months, and 48 months to spread out payments. Rates for storage options are- Annual: $150 for cord blood only, $300 for cord blood plus cord tissue- 5 years: $675 for cord blood, $1,350 for blood and tissue- 15 years: $1,800 for cord blood, $3,600 for blood and tissue- 25 years: $2,500 for cord blood, $5,000 for blood and tissue
Over 100 units of cord blood samples stored through Family Cord have been released for use in transplants to treat sick children.
Located in New Jersey, LifeBank USA is the only bank in the country that offers banking and storage options for cord blood, cord tissue as well as placenta blood and tissue for more available stem cells.
Total cost for the collection, transporting, and first year of storage to bank cord blood only is $1,850, $2,499 for both the cord blood/placenta tissue, $3,499 for cord blood, placenta blood and tissue together, and $5,499 for Advanced Biobanking of cord blood, placenta blood/tissue. Finance options for monthly payments are available in 12-month and 24-month payment plans. Rates for storage options are:- Annual: $125 for cord blood alone, $250 for cord blood/placenta tissue, $300 for cord blood, placenta tissue/placenta blood- 18-year plan: $1,845 for cord blood, $3,690 for cord blood/placenta tissue, $4,428 for cord blood/placenta tissue/placenta blood- 25-year plan: $,562 for cord blood, $5,125 for cord blood/placenta tissue, $6,150 for cord blood/placenta tissue/placenta blood-
There have been 63 units released through LifeBank USA for use in transplants.
Located in Massachusetts, ViaCord has been banking cord blood stem cells for 20 years for use in transplants with the highest rate of success in transplants.
Total cost for collection, transporting, and first year of storage is $1,725 for cord blood banking, $2,420 for cord blood/tissue banking. Financing options are available in 6-month, 12-month, 18-month, and 48-month payment plans.Rates for storage options are:- Annual: $150 for cord blood only, $300 for both cord blood/tissue- 20-year plan: $2,375 for cord blood, $4,750 for cord blood/tissue- 25-year plan: $2,750 for cord blood, $5,500 for both cord blood/tissue-
ViaCord has released over 300 units of samples stored for the use in transplants with an 88% success rate.
Each company has its own features and offers to suit families with various needs and one may be better for one family than another. Some of these companies also offer gift registry programs to allow families to provide a monetary gift for individuals wishing to bank their baby’s cord blood through the company.