The document discusses placenta banking and stem cell collection from the placenta. It defines placenta as the temporary organ that connects the developing fetus to the uterine wall, providing oxygen and nutrients. Placenta banking involves extracting and preserving stem cells from the placenta and umbilical cord after birth. These stem cells can potentially treat life-threatening diseases. The document outlines when placenta banking should be considered, the collection and storage process, potential medical uses of the stem cells, costs associated with banking, and some companies that offer placenta banking services.