Receiver and digital demodulation circuitry for an external controller for communicating with an implantable medical device (IMD) is disclosed. A Digital Signal Processor (DSP) is used to sample received analog data transmitted from the IMD at a lower rate than would otherwise be required for the frequency components in the transmitted data by the Nyquist sampling criteria. To allow for this reduced sampling rate, the incoming data is shifted to a lower intermediate frequency using a switching circuit. The switching circuit receives a clock signal, which is preferably but not necessarily the same clock signal used by the DSP to sample the data. The switching circuit multiplies the received data with the clock signal to produce lower intermediate frequencies, which can then be adequately sampled at the DSP at the reduced sampling rate per the Nyquist sampling criteria.