Selecting a reliable private cord blood bank is crucial. If it cannot handle, ship, and store cord blood, the blood will never be beneficial if you ever require it. So, to avoid this situation, begin the cord blood bank research early. But the task is daunting and time-consuming as you need to consider multiple aspects before choosing any. Many blood banks urge you to enroll your name, and if you do it early, they also provide discounts. But they also charge a late enrollment fee if you do not sign up early. There are several criteria to choose a quality cord blood bank. Here we have shared those tips to get you started.

Experience

While selecting a private cord blood bank, you must look at their total experience in that field. You need to ask how long they have been in this sector and inquire whether the organization is a subsidiary of a large company or not. Besides, verify whether a research institute or hospital affiliates it or not. All these signs that the bank is getting managed competently. On top of it all, look at their success rate in cord blood transplants to get a better knowledge of their experience.

Stability

It needs years of experience to be stable in storing cord blood. A reputable and trustworthy cord blood bank has its permanent laboratory. So, it is best to go for them rather than the companies that frequently change their laboratory. Stability also affirms that the bank can store the blood carefully. But you should be aware of the banks that have many blood units in storage for years. It is an indication that the doctors rejected the blood because of several reasons. So, while opting for a cord blood bank, verify their transplant rate and the stability to get a fruitful outcome.

Recommendation

Before picking a cord blood bank, ask your inhabitants, friends, and colleagues for recommendations. Word of mouth and personal experience matters a lot while choosing a company. You will get trustworthy feedback from them. After all, who knows better than a previous customer?

Insurance

One of the fundamental aspects while choosing a private cord blood bank is its insurance policy. Find a cord blood bank that allows insurance plans to accommodate parents with whatever they will require. Several banks supply a financial guarantee on their cord blood to engraft. Getting an insurance policyholder, the bank will take care of your future requirements and complications. It will also help you to live tension-free. On top of it, verify whether the bank has an insurance policy or partnership with other organizations to defend the loss during a natural disaster or business failure.

Shipping

Dispatching the cord blood to the laboratory is the vital first step in protecting the stem cells. Live stem cells are prone to degradation. Extreme heat or too much cold increases the possibility of its death. So, when choosing a bank, ensure that they have either shipped it in an insulated box within a safe temperature range. Ask the cord blood bank about their temperature control and shipping method. Also, inquire them which shipping service the bank uses. It is always advisable to pick a bank that offers a stable temperature while exporting the kit regardless of external conditions.

Accreditation

Each country or states have their different licensing requirements, and all private cord blood banks must comply with those. So, verify whether your to-be-chosen bank has the proper certification in accepting the cord blood or not. If they have it, they are bound to state the law and thus showcase trustworthiness.

Quick Process

Time matters a lot when it comes to transportation or transplant of cord blood. According to the experts, the ideal time for a cord blood transplant is 48 hours. So, before choosing, ensure that the bank processes cord blood within 2-days after the birth.

Affordability

It is a matter of concern for many people when they are dealing with several expanses. So, opt for a bank that allows affordable monthly installments.