A system that transmits signals through a communication channel. During operation, the system receives a sequence of bits for transmission through the communication channel. While transmitting a given bit, the system determines if the given bit has the same state as the previously transmitted bit. If so, the system uses a voltage-mode driver to drive a signal through the communication channel. Otherwise, the system uses a current source coupled to the voltage-mode driver to boost the drive-level of the voltage-mode driver. Note that the current source supplies a current to the communication channel without changing the impedance of the voltage-mode driver. In this way, the present invention compensates for frequency dependant losses in the communication channel without sacrificing impedance matching and without substantially increasing power consumption.