Understanding Cord Blood BankChoosing the right cord blood bank for your needs is easier than you might first believe. There should always be an emphasis on how to evaluate what a cord blood bank will or will not do for you. There are very informative websites available that leave no question unanswered and no stone unturned. There are less than thirty human fetal stem cell therapy storage facilities in the United States. Europe is comparable in amounts of facilities with their earliest opened in 1997. There are many countries in the world that have cord blood banks. 1992 heralds the first year in which a cord blood bank storage facility began in the United States. Most facilities typically have more current opening dates. In the United States there are sporadic facilities. Most facilities are in the northern United States. California has a few with a smattering of facilities in North Caroline, Florida, Georgia, and Kentucky. It could still be awhile before cord blood banking is more widely spread and more openly accepted. Not always does the collection center coincide directly with that facilities storage center but in most cases they are in the same place. There are many factors to consider once the large decision of storing cord blood for personal use has been made. With costs as high as one thousand five hundred dollars and as low as eight hundred ninety eight dollars there is a lot to consider just in that area alone. It can easily cost upward to one thousand dollars for a cord blood bank facility to process stem cells for storage. Cord blood is typically stored for eighteen years whereby the percentage of effectiveness with in the stem cells is still considered potent enough for adequate results. Every facility will have budget limits for the consideration of accepting donated cord blood. Where there is not a high profit margin involved in the private banking, there is enough of a profit in some cases to offset the costs for processing donated cord blood. Income for storing donations might also come from federal or grant funding or selling prior donations for research purposes. Not everyone who wishes to donate or store privately will be allowed to do so. There are definite guidelines in which each facility must adhere. These are regulations that need to be followed in order to procur cord blood that is adequate for the purposes ifor which it is intended. |