I agree with what ya'll said.
Don't know much about hospital policy.
Thought you might be interested in the Lotus Birth info - where you don't cut the cord but allow it to fall off by itself. Takes between 2-7 days. Also, some folks don't tie the cord, but cut the placenta off, and the stubb falls off in the same time frame.
There's some details about the value of the placenta, etc. Reading some birth regression accounts, some babies consider the placenta their friend or sibling. So, even if you don't go all out for lotus birth, the information is interesting.
Lotus BirthMF Lotus
btw, that bit about harvesting the stem cells from babies shortly after birth makes me

- I've been watching A Baby Story - but I've gotta stop, and they sometimes cut the cord before the baby is even out of the mom! Even if they aren't removing it from around the neck...And they certainly don't wait until it's stopped plusing or the placenta is delivered. Breastfeeding while the placenta is still attached to the baby and mom helps expel the placenta and cause the uterus to close back down, so those contrax stop... I've heard a few people say their cord wasn't long enough for the baby to reach the breast while the placenta was still inside. I think that's rare.

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