A newborn’s umbilical cord is a source of stem cells, which families collect and store to treat around 80 different medical conditions. Our partners at ConsumerAffairs researched the best cord blood banks in Cleveland so you learn how the process works, how much it costs and how to plan before delivery.
Everyone deserves to make thoughtful, informed purchase decisions. The local guides provided on this website are free for consumers. News 5 Now may receive compensation from our partners. Learn more.
Around 15,000 babies are born each year in the Cleveland area. Those expecting children may want to consider cord blood banking. This includes the many young families residing in the Edgewater, Kamm’s Corners, and Ohio City neighborhoods.
Parents with a family history of diseases treatable by stem cell transplants are among those most likely to benefit from cord blood banking in Cleveland. Umbilical cord stem cells from cord blood can be used to treat:
Cancers including leukemia and lymphoma
Disorders of the blood and immune systems including sickle cell anemia and Wiskott-Aldrich syndrome
Bone marrow failure syndromes
To decide whether cord blood banking is worth it, consider your family health history, the cost of cord blood banking and the reputation of the cord blood banking company. Is it registered with the Food and Drug Administration? Does it have professional accreditation? Is it reviewed well by parents who have used it for collection, processing and storage?
Cord blood banking pros and cons
There are pros and cons to cord blood banking in Cleveland:
Easy, safe and painless collection process with help from medical staff at Cleveland hospitals
Allows for lifesaving treatments
Storage for 20 years or longer
Ongoing research may yield more medical uses of cord blood, cord tissue and placental tissue stem cells
Not all medical conditions are treatable with stem cells
Donor and relatives not always a match for a stem cell transplant
May never use stem cells
How is cord blood stored?
Cord blood is stored at either a private or public cord blood bank. Private cord blood banks charge a fee to process and store cord blood for donors and relatives. Public cord blood banks take donations of cord blood and make it available for people who need stem cell transplants.
How much does cord blood banking cost in Cleveland?
Cord blood banking cost in Cleveland depends on a number of factors:
Number of donors (e.g., single baby, twins, triplets)
What’s being stored (e.g., cord blood, cord tissue, placental tissue)
Duration of storage
Payment choice (e.g., full payment, monthly payment, initial payment plus annual storage fee)
For one child, expect to pay $1,500 - $2,000 for collection and processing, plus $150 - $200 per year for cord blood storage.
Who can use cord blood?
Cord blood stem cells may help treat a donor, a donor’s sibling, a donor’s relative or a nonrelative. Who can benefit from a donor’s cord blood depends on these factors:
Whether the cord blood is stored in a private or public cord blood bank
Americord collects, processes and stores cord blood, cord tissue and placental tissue stem cells. The company is FDA-registered and has a successful record of transplants. It offers a cord blood product quality guarantee, promising to pay up to $110,000 if a transplant fails. Customers say Americord is easy to work with and like that pricing includes 20 years of storage.
Our partners independently research and analyze the companies mentioned in our guides and work with subject matter experts to add valuable information that helps consumers make smart purchase decisions. Our partners will not include companies on these guides that do not meet specific quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.
Our partners independently research companies, and use editorial discretion to award companies with special recognition (i.e. Best Value) based on their staff’s judgement or subject matter expert’s judgement. Our partners do this to help you identify companies that will meet your specific buying needs, and do not receive compensation for these designations.