An embodiment in accordance with the present invention provides a device and method for collecting cord blood from the umbilical cord and placenta. The device includes a vascular access device, a portable tray container, and a perfusion pump device. The vascular access device includes two vascular access components (VACs) that clamp onto the umbilical cord at the time of delivery to accurately guide cannulation of the vein. After clamping on the VACs, the placenta and VACs are placed into the portable tray container. The portable tray container is a closable and disposable container which features a dock for accepting the VACs and impaling the umbilical vein for vascular access. The dock is also connected to perfusate and collection bags, located on the outside surfaces of the tray. The tray and perfusate and collection bags interfaced with the perfusion pump device to flush out and collect the stem cells from the umbilical cord and placenta.
