Final answer:
PACS is the system that allows the archiving and sharing of digital images in health facilities, potentially improving care quality while considering the privacy of electronic health records.
Step-by-step explanation:
The component that enables facilities using digital imaging to archive and share the images of exams performed in the department is PACS, which stands for Picture Archiving and Communication System. This technology is crucial for the sharing of digital records among health providers, which can lead to improvements in the quality of health care while aiming to reduce costs. It is essential to maintain the privacy of electronic health records, a concern addressed through regulations like HIPAA in the U.S., ensuring that the dissemination of digital medical images is both secure and efficient.