3 ms·

I wish the title just used “plasma” instead of “blood”. The plasma industry and red blood cell industries are really different. Also, companies doing Young Plas

I wish the title just used “plasma” instead of “blood”. The plasma industry and red blood cell industries are really different. Also, companies doing Young Plasma are a super small portion of the industry. The FDA also asked them to stop. The plasma industry has huge 10 billion dollar companies like Grifols. The red blood cell industry is mostly dominated by the Red Cross in most places, but also includes smaller non profits and some for-profit companies. The margins for red blood cells sold to hospitals are really thin (they charge ~$200 per unit, depending on a lot of factors), and I don’t think those companies are as sketchy and profit driven as the plasma industry. I would still recommend donating blood. Hospitals really need that stuff, and it gets expensive when it hard to find donors.

dcolkitt 5y ago
The biggest criticism of the red cell industry is that the shortage is entirely artificial. There’s a pretty large population with hereditary hemochromatosis who have to get regular phlebotomists to prevent a buildup of excess iron. Most blood banks (including the Red Cross) won’t accept hemochromatomates as donors, so all that perfectly good blood gets poured down the drain. The ostensible reason is they don’t want “motivated donors”, the real reason is because blood banks get fat reimbursements for “therapeutic phlebotomies”.
- deleted 5y ago
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- EvanAnderson 5y ago
  That's a really interesting thing to think about. Thanks for the comment. I was aware of hemochromatosis and therapeutic phlebotomy (thanks Sawbones podcast!). I never put two and two together and thought about how it could be a source of blood products. It looks like FDA changed the regulations in 2016 to allow blood centers to accept donations from patients with hereditary hemochromatosis[0]. I wonder what fraction of blood centers in the US actually accept such donations, though. (Sadly, it doesn't surprise me that reimbursements would be a driving factor for throwing away perfectly usable blood.) [0] https://www.redcrossblood.org/content/dam/redcrossblood/documents/147531_plus_spring2017_ms_v4.pdf https://www.redcrossblood.org/content/dam/redcrossblood/docu...
- gruez 5y ago
  >the real reason is because blood banks get fat reimbursements for “therapeutic phlebotomies”. Is there a reason why the government/insurance don't change their policies? It seems pretty weird for all parties involved to throw away blood from "therapeutic phlebotomies".

dcolkitt 5y ago

The biggest criticism of the red cell industry is that the shortage is entirely artificial. There’s a pretty large population with hereditary hemochromatosis who have to get regular phlebotomists to prevent a buildup of excess iron. Most blood banks (including the Red Cross) won’t accept hemochromatomates as donors, so all that perfectly good blood gets poured down the drain. The ostensible reason is they don’t want “motivated donors”, the real reason is because blood banks get fat reimbursements for “therapeutic phlebotomies”.

deleted 5y ago
[deleted]
EvanAnderson 5y ago
That's a really interesting thing to think about. Thanks for the comment. I was aware of hemochromatosis and therapeutic phlebotomy (thanks Sawbones podcast!). I never put two and two together and thought about how it could be a source of blood products. It looks like FDA changed the regulations in 2016 to allow blood centers to accept donations from patients with hereditary hemochromatosis[0]. I wonder what fraction of blood centers in the US actually accept such donations, though. (Sadly, it doesn't surprise me that reimbursements would be a driving factor for throwing away perfectly usable blood.) [0] https://www.redcrossblood.org/content/dam/redcrossblood/documents/147531_plus_spring2017_ms_v4.pdf https://www.redcrossblood.org/content/dam/redcrossblood/docu...
gruez 5y ago
>the real reason is because blood banks get fat reimbursements for “therapeutic phlebotomies”. Is there a reason why the government/insurance don't change their policies? It seems pretty weird for all parties involved to throw away blood from "therapeutic phlebotomies".