Jerry Sokol is a corporate lawyer and board-certified expert in healthcare law. He is a partner in the law firm of McDermott, Will & Emery and has practiced with this international law firm for over 20 years. He has specialized in healthcare transactions his entire career and currently serves as the Partner-in-Charge of the firm’s Florida Healthcare Practice Group. He is also the Managing Partner of the firm’s Miami office.
Mr. Sokol was previously a licensed certified public accountant (CPA). This background enables Mr. Sokol to better understand bot the financial and legal aspects of transactions.
Mr. Sokol’s practice as a transactional attorney focuses on the healthcare services sector. He has represented numerous clients in mergers and acquisitions transitions over a vast array of healthcare service subsectors, including:
- physician services (dermatology, anesthesia, pain management, ophthalmology, radiology, gastroenterology, orthopedics, and dental)
- ambulatory surgery centers
- hospital and health systems
- home health
- urgent care centers, and
- dialysis centers
Mr. Sokol has developed a substantial healthcare private equity practice. With a combination of first rate private equity corporate/finance, as well as healthcare regulatory expertise, Mr. Sokol and his team are uniquely qualified to represent private equity funds with both the acquisition/finance components of healthcare company acquisitions, as well as the critical healthcare regulatory aspects, including healthcare specific due diligence. In turn, his expertise well-positions him to represent companies selling to private equity funds.
Within healthcare services, Mr. Sokol has fashioned a particular niche with sales and acquisitions of ambulatory service centers (“ASCs”), physician practice management companies (“PPMs”), and physician practices over the last 25 years. Mr. Sokol leads his team in representing sellers and buyers of ASCs, including representing large ASC management companies, health systems, and independent free-standing ASCs with all of their transactional and regulatory needs Fifteen years ago, Mr. Sokol founded and programmed McDermott’s annual ASC and Physician Practice Management Symposium, the premiere national conference addressing critical legal and business issues affecting the ASC and PPM industries. He has been the Program Chair for the ASC Symposium since inception.
In addition to representing private equity funds, Mr. Sokol’s team represents healthcare companies (private equity backed, public, and privately-owned) with all of their transactional and healthcare regulatory needs. He has worked with numerous such companies, including serial acquirers of healthcare companies, to develop and implement an acquisition growth strategy. His team’s diverse talents and depth of knowledge enable Sokol to handle a large volume of M&A transactions.
Mr. Sokol has also represented many of the premier health systems in the country to develop and implement their physician alignment strategies, including ASCs and other hospital/physician joint ventures, physician employment arrangements, and other cutting-edge physician alignment models.
Mr. Sokol has received numerous professional accolades, including rankings in Chambers USA, Best Lawyers in America and Super Lawyers for several years. Mr. Sokol has also been listed in Nightingale’s Healthcare News’s Outstanding Healthcare Transaction Lawyer list. Additionally, Mr. Sokol has shared his insights and experience with healthcare transactions to the legal and business community through writing articles and lecturing extensively at conferences across the United States.
As demanding as his career is, Mr. Sokol is also dedicated to the betterment of his community and demonstrates this commitment through serving as an active member of a number of charitable organizations. Most recently, he spearheaded a fundraising effort as Capital Campaign Chair and President of the Miami Beach Jewish Community Center to build brand new, state-of-the-art facilities on Miami Beach. This new center has enriched the lives of thousands of adults, children, and families in the community. Mr. Sokol not only currently serves on the Board of Directors of the Miami Beach JCC, but he is also on the boards of other non-profit organizations such as the Greater Miami Jewish Federation, the Alexander Muss High School in Israel, and the Friendship Circle.
The entire Sokol family is involved in the betterment of the community. Mr. Sokol works closely with his four children on their charitable efforts. His son Jake and daughter Sophie follow in his footsteps, and he has worked closely with them to help establish an annual flag football tournament on Super Bowl Sunday (currently in its seventh consecutive year) which raises both significant funds and awareness for abandoned and abused children in the Miami metropolitan area. He also works with his daughter Sophie on The Friendship Circle, an organization that arranges for local high school students to spend meaningful time every weekend with special needs children.