Techniques for facilitating improved power management for an implantable device are provided. In one example, an implantable device includes a telemetry circuit and a power management circuit. The telemetry circuit is configured to facilitate a telemetry session between the implantable device and an external device. The power management circuit is configured to connect a power supply to the telemetry circuit via a first current-limiting device based on a determination that the telemetry circuit satisfies a defined criterion. The power management circuit is also configured to connect the telemetry circuit to a second current-limiting device based on a determination that the telemetry circuit is connected to the first current-limiting device for a defined period of time.