Here is an article shared by a midwife who over the years of her work collected blood (click here to read the full article).
The baby comes out of the mother's womb with about 1/3 of the baby's blood supply. Why take the blood that belongs to the baby away from the baby complying with the hospital procedure?
"After birth the blood from the placenta transfers to the baby, assisting transition to breathing. ...Parents need to be informed that cord blood collection requires premature cord clamping, and that the blood being collected belongs to their baby." Comments the author.