Medicare Education, Regulatory Reform, and Contracting Improvement Act of 2003 - Amends title XVIII (Medicare) of the Social Security Act with respect to: (1) coordination of educational funding; (2) transfer of responsibility for Medicare appeals; (3) provision of expedited access to judicial review of Medicare appeals; (4) recovery of overpayments; and (5) revision of reassignment provisions.
Directs the Comptroller General to study and report to Congress on the access of health care providers and beneficiaries under the Medicare program to judicial review of the actions of the Secretary of Health and Human Services, and the effects of the decision of the U.S. Supreme Court in Shalala v. Illinois Council on Long Term Care, Inc., on such access.