Guidelines for Choosing a Reliable Cord Blood Banking Company
You can find a plethora of cord blood bank companies, and picking the right one for your specific personal need will be somewhat confusing. It’s quite natural to feel like that. However, you must follow some practical points to find a reliable cord blood banking company.
Prompt Collection: It’s always preferable to select a cord blood banking company that provides perfect assistance for collecting the blood promptly. If you don’t gather the cord blood at the right time, there is a possibility that the stem cells will lose the intrinsic efficiency. Hence, whether the blood bank is near or not, they should provide the required kit. This option will give the medical professional who attends the delivery the leeway to collect it instantaneously. Hence, you must carefully assess the pros and cons of more than one company from the available bunch of cord blood bank companies.
Experience: The practical experience and effectiveness of the cord blood bank must be the main criteria for choosing a specific bank. For instance, you can check this functional nature of the bank by assessing units of cord blood that the bank has released for varied medical purposes. Another pragmatic way to count the functional-nature of the cord blood bank is to take into account the number of years since the launch of the company. If the company has decades of experience, for sure, you can rely on the professional and technical ability of the company.
Lab Facilities: The lab facilities must be super. The company must have excellent lab facilities or have partnered with leading labs for storage. The company or its storage partner must be keen as far as the updating of their storage facilities is concerned. You must check the facilities available in different cord blood bank companies and go for the best option.
Check the Stock: You can also check the popularity and successful-nature of the bank by checking the stock or the volume of blood they keep. Successful cord blood bank companies will have adequate-stock. This adequate stock means that the customers have a strong belief in the company and its functions.
Accreditation: You can also consider the number of private and public clients, which will give you a better idea about the popularity of the cord blood bank company. Besides, the company must have received accreditations like AABB, FACT, CAP, ISO, etc. These are official recognitions and will speak about the practical proficiency and efficiency of the company.
Indemnity or Insurance: One of the main concerns of most of the people who store their kid’s cord blood for future use is that whether the same will be effective when they need it after so many years. To solve this bewilderment, many cord blood bank companies offer insurance coverage. It’s only wise on your part to select a banking company that offers generous indemnity coverage.
Pricing: Pricing is another significant point. Of course, the cost of securing the effectiveness of the cord blood intact is a bit complex. The company will have to have and maintain all the required machinery and must mend them as and when a need occurs. Hence, the cord blood banking cost will be a bit higher. This will be all the more obvious when the company offers adequate insurance coverage. However, the pricing must be competitive and must not be exorbitant. That said, in practical terms, you will have to a price for quality, and you must understand this. However, it will be practically good for you to check and compare the quality of services and pricing of one or two cord blood banking companies before choosing one particular company.
The pragmatic way to find out a professional cord blood banking company where you can keep your baby’s cord blood safe for a very long time is to search through the internet ways. For sure, you will be able to get a complete list of the top companies. You can use the above yardsticks to select the better option for your specific need.