Implantable medical devices (IMDs), and methods for use therewith, use a same coil for receiving communication and power signals. An IMD, which is configured to operate in a charge or power mode and in a communication mode, includes a coil, power circuitry and communication circuitry. The coil includes first and second terminals and an intermediate tap therebetween. The power circuitry is coupled, during the charge or power mode, to a first portion of the coil extending between the first and second terminals of the coil. The communication circuitry is coupled to a second portion of the coil extending between the first terminal and the intermediate tap of the coil. A third portion of the coil, extending between the intermediate tap and the second terminal of the coil, is decoupled from the power circuitry during the communication mode, which prevents current from flowing through the third portion of the coil.