Dec 11 2014

Cord Blood Banking Comparison: Cryocell vs. Americord

Posted by Martin Smithmyer

Side by side, most cord blood banks may seem similar. But this cord blood banking comparison between Cryocell and Americord will open your eyes to the differences in quality, innovation, and value.

Cryocell

Multiple Meltdowns

When doing a cord blood banking comparison, Cryocell comes to mind given how long they have been in operation. Located in the Tampa Bay area of Florida, Cryo-Cell was founded in 1989 as the world’s first private cord blood bank.

But Cryo-Cell’s “state-of-the-art” facility has experienced multiple, major meltdowns. 1 Stored stem cells have been exposed to temperatures that, according to a scientist knowledgeable in cryo science, would have compromised the viability of the samples.

In one such episode, according to the woman who was then president of Cryo-Cell, liquid nitrogen bubbled to the top of a freezer in which cord blood samples were stored, setting cord blood samples afloat like ice cubes in a punch bowl, and flowed out onto the floor. The temperature in the freezer was allowed to rise until the vials could be retrieved.

Unfortunately, this wasn’t an isolated incident. An engineer who worked in the Cryo-Cell lab says it was normal for the freezer’s pump to fail every 3 weeks or so. The engineer was also appalled at the lackadaisical way in which lab technicians transferred samples to the deep freeze, allowing them to thaw and deteriorate.

Cryo-Cell’s customers were not informed of the breakdowns.

Americord

A Truly Reliable Lab

Americord’s lab is the highly regarded, AABB-certified Genesis Bank of Cook BioTechnology, which has earned multiple certifications and accreditations. Our lab provides multiple backups and safety protocols, including emergency power from an independent generator, redundant telephony for monitoring systems, standby ultra-low temperature and liquid nitrogen freezers, and a liquid nitrogen backup system for freezers.

Our innovative technologies are truly state-of-the-art. With our revolutionary product, Cord Blood 2.0, parents can store up to twice as many of stem cells as traditional cord blood banking.

Best-in-Class Service

Americord offers service that is unmatched in the industry. Like Cryo-Cell, Americord provides cord blood and cord tissue banking—but unlike Cryo-Cell, we also offer placenta tissue banking, making available mesenchymal stem cells. We have the highest quality guarantee of any cord blood company: $90,000, compared with Cryo-Cell’s $75,000. Americord covers the cost of international shipping after storage (up to $500); Cryo-Cell provides no coverage. We use FDA-approved, sterile, Heparin-free collection bags, provide medical courier service at no cost to you, and have no cancellation fee.

Best of all, Americord offers its high-quality, reliable facility and services at a much lower cost than Cryo-Cell. Check out the cord blood banking comparison pricing chart below:

  Cryo-Cell Americord
Cord Blood Banking
Initial Fee $2,074 $2,999
Annual Storage Fee $125 after 1st year $0
Shipping Fee $150 (incl in initial fee) $0
Pre-Pay Storage $3,949 (21-y plan) $0
Total Cost (20 years) $4,449 (1-y plan)$3,949 (21-y plan) $2,999
Savings

Americord’s price is $1,450 lower than Cryo-Cell’s 1-y plan and $950 lower than Cryo-Cell’s 21-y plan.

 

 

  Cryo-Cell Americord
Cord Blood + Tissue Banking
Initial Fee $2,774 $4,998
Annual Storage Fee $250 after 1st year $0
Shipping Fee $150 (incl in initial fee) $0
Pre-Pay Storage $6,524 (21-y plan) $0
Total cost (20 years) $7,524 (1-y plan)$6,524 (21-y plan) $4,998
Savings Americord’s price is $2,526 lower than Cryo-Cell’s 1-y plan and $1,526 lower than Cryo-Cell’s 21-y plan.

 

At first glance, when you consider only the initial fee, Cryo-Cell may seem to have a lower price than Americord. But Cryo-Cell charges annual storage fees of $150 for cord blood storage and $250 for cord blood plus cord tissue storage. Those annual fees add up a lot over time. In fact, the Cryo-Cell customer will pay from $2,850 to $4,750 in storage fees over 20 years! [NOTE: I’m calculating 19 years of storage fees here, because 1st year is included in initial fee.]

Americord doesn’t charge you a pre-pay fee for storage, and we charge no annual fees for any type of storage—cord blood, cord tissue, or placenta tissue. Quality you can rely on, at the lowest prices—that’s the Americord difference.

 

REFERENCE:

  1. Hundley K. Meltdown. Petersburg Times. February 3, 2003. Available at: http://www.sptimes.com/2003/02/03/Business/Meltdown.shtml. Accessed December 1, 2014.
< Back to Blog
top